Trump Starting New Online University After First One Shut Down For Fraud

Donald Trump has decided that he's going to try his hand once again at starting an online university, even though his first effort - Trump University - was shut down and sued for defrauding "students." That lawsuit resulted in Trump paying out $25 million to angry people who thought they were actually going to get an education, and it seems unlikely that his new efforts will end any differently. Farron Cousins explains what's happening.

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*This transcript was auto-generated. Please excuse any typos.

Donald Trump has decided that he's gonna make a second attempt, you know, to start an online university. 'cause apparently the first attempt just went so well for him so well that he had to pay out $25 million in the fraud lawsuits brought against him with Trump University. But he made an announcement last week in a video posted on Truth Social saying that if he is elected president of the United States, he is going to start something called the American Academy. And the American Academy Trump says, is gonna be a, a school, it's online, it's college. You can get the equivalent, it says of a bachelor's degree, the equivalent of a bachelor's. Not a bachelor's degree, but you know, something that the, some people may look at and be like, ah, it's roughly the same. Right? So you're gonna get some kind of certificate. Um, he said there's gonna be no woke him and they're not gonna teach Jihadism. So, you know, if, if you're currently enrolled in Jihadism classes or wokeness classes, you're not gonna be able to take that at the American Academy. Uh, he said it's not gonna run on tax dollars. They're gonna get the money for it because he is gonna set this up federally. Okay? This, this is not a private business venture. No, no, no. He is gonna have the United States set this up and, uh, it's, it's gonna be funded by taxing finding and suing excessively large private university endowments.

So that's a direct quote by the way. He, he's gonna, he's gonna sue other colleges we don't know what for yet, right? Like he's just, I'm just gonna file lawsuits against them and then I'm gonna win all this money and then all the mo I'm not gonna keep it. The money is gonna go to fund this new scam university that a second term President Trump is apparently going to going to create. Um, he said, quote, we spend more money on higher education than any other country, and yet they're turning our students into communists and terrorists and sympathizers of many, many different dimensions. We can't let this happen. There will be no wokeness or jihadism allowed, but it will be strictly non-political, he says. So I, I, I guess no political science majors there. So that's gonna be a little disappointing. Um, again, this is not a private business venture, you know, so it's not just another big grift on a bunch of unsuspecting rubes out there. No, no, no. This would be a government run maybe. Well, he actually says the government's not gonna run it. They don't know who's gonna run it. But it's definitely gonna be somebody from the private sector. 'cause you know, private sector folks have done so well with private online universities. It's not like it's just kinda one big, uh, you know, pyramid scheme out there. Totally not a thing that happened. Right? Um, we have had so many,

By the way, uh, private online universities sued in the last decade that it's absolutely amazing that any of these things are even still able to exist. Trump himself, of course, was one of them because while running Trump University, they weren't actually teaching students anything. It was basically just real estate seminars. It's why he got sued and it's why they paid out $25 million. Trump has proven that he cannot run a college, that he should not be trusted to run a college. And yet here he is, knowing his history, putting out a video and promising to his idiotic cult members that by God you put him back into the White House. We're getting Trump University 2.0 that, again, will be funded by suing other universities. Don't know what for yet, but he's totally gonna sue him. And this is totally not a scam. Somehow I doubt that.