Not only had Trump never met most of the instructors, but in his deposition, he could not identify their names or recall what role they played in Trump University. For example, several of the instructors touted James Harris as the top instructor, someone whom Trump had known for years and mentored, as someone who could now make students rich. As name after name was read aloud to Trump, he admitted that he did not recall who they were or whether they were qualified.
In short, it is clear that the Trump University instructors never met Trump and that Trump did not know any of them, based on his sworn answers in deposition. Trump University was no institution of higher learning. Seminars were often a matter of successive sales pitches, at times urging customers to cash out their savings and max out their credit cards for a higher-priced program.
In the end, more than 6, students seem to have essentially received a theatre-style sales presentation when they should have received a deep and robust real estate education.
Some people who entered the program in the hopes of finding a meaningful pathway to prosperity instead found a salesperson who preyed on their financial solvency.
The bigger question is this: How far will Trump go as president to enrich himself at the expense of the poor, the elderly, and single mothers? If the affairs of Trump University are any indication, then Trump has proven himself to be quite comfortable exploiting the hopes, dreams, and fears of vulnerable Americans. Thanks to Rhea Handa, intern on the K Education team, who contributed research and assistance for this issue brief. Thanks also go to Perpetual Baffour, who helped with research and writing.
We were promised professional advisors for a year and on the second day James said they are not professionals, they are hired from the Newspaper, you are on your own.
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His reversal in —and the large-scale settlement that resulted — opened the door for student victims to finally obtain the restitution they deserve," he said. The court said in its ruling that plaintiffs are expected receive 80 percent to 90 percent of what they paid for Trump University programs. Trump, who has boasted about his real-estate and investing acumen, rebuffed the claims of fraud during his presidential campaign and vowed to fight them until the end.
At this seminar students are instructed to disclose their financial information and assets so that the instructor can coach them on how to invest. The instructor also advises students that during lunch they should call their credit card companies to raise their credit limits. For the elite packages, the instructor give one-on-one counseling, walking around to houses on the weekend, giving advice on how to flip the house. According to one plaintiff in the class-action lawsuit, after buying the elite package he went with his mentor around Westchester County, New York, to try to make deals on houses to flip.
The instructor most successful at upselling had no experience in real estate. Two others filed for personal bankruptcy while instructors. In Defense of the Green Monster. Terry Teachout, R. Many people believe that higher education is a de facto scam. First thing first, Trump University was never a university. Trump ignored the warnings. It was a scam, starting with the fact that it was not a university.
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