Former President Bill Clinton received $1.1 million in payments from the for-profit college operator Laureate Education in 2015, according to tax returns released by the Hillary Clinton campaign Friday.
Clinton also received $562,000 in payments last year from Dubai-based for-profit GEMS Education, which operates K-12 schools in multiple countries.
As Inside Higher Ed reported in April, Democratic presidential nominee Hillary Clinton has promised to crack down on the for-profit industry. But Clinton and her husband have significant ties to the for-profit sector, chief among them the former president’s role as honorary chancellor at Laureate International Universities.
Bill Clinton was paid $16.5 million by the company between 2010 and 2014. He resigned from the chancellor position last year.
Opinions on Inside Higher Ed
Inside Higher Ed’s Blog U
What Others Are Reading