Chapter
The Downfall of Trump University
28:06 - 32:03 (03:57)
Trump University changed from teaching real estate to high-pressure live events and seminars, based on the experience of inexperienced salesmen, in an effort to make money after the initial funding ran out.
Clips
Donald Trump claims he would be equally happy to make lots of money or to impart lots of knowledge, but he does not actually say that imparting knowledge is more important, leaving both options equal in value.
28:06 - 28:49 (00:43)
Summary
Donald Trump claims he would be equally happy to make lots of money or to impart lots of knowledge, but he does not actually say that imparting knowledge is more important, leaving both options equal in value. The idea that knowledge is money is also discussed in relation to the current Secretary of Education, Betsy DeVos.
ChapterThe Downfall of Trump University
EpisodePart One: The Complete, Insane Story of Trump University
PodcastBehind the Bastards
Trump University was a semi-legit adult education program for aspiring real estate investors during the real estate boom cycle of the mid-2000s.
28:49 - 30:10 (01:21)
Summary
Trump University was a semi-legit adult education program for aspiring real estate investors during the real estate boom cycle of the mid-2000s. However, it was abruptly shut down when funding ran out.
ChapterThe Downfall of Trump University
EpisodePart One: The Complete, Insane Story of Trump University
PodcastBehind the Bastards
Trump University changed its business strategy to live events and seminars driven by inexperienced salesmen to upsell students on more expensive training, according to Ronald Schakenberg, former sales manager at Trump University.
30:10 - 31:27 (01:17)
Summary
Trump University changed its business strategy to live events and seminars driven by inexperienced salesmen to upsell students on more expensive training, according to Ronald Schakenberg, former sales manager at Trump University. This shift was seen as unethical by Schakenberg and has been the subject of numerous lawsuits.
ChapterThe Downfall of Trump University
EpisodePart One: The Complete, Insane Story of Trump University
PodcastBehind the Bastards
Mark Dove runs live events where teachers are actually salespeople, who use high-pressure tactics to sell products to attendees.
31:27 - 32:03 (00:36)
Summary
Mark Dove runs live events where teachers are actually salespeople, who use high-pressure tactics to sell products to attendees.