Inside Bill Clinton’s nearly $18 million job as "honorary chancellor" of a for-profit college

There is no evidence that Laureate received special favors from the State Department in direct exchange for hiring Bill Clinton, but the Baltimore-based company had much to gain from an association with a globally connected ex-president and, indirectly, the United States’ chief diplomat. Being included at the 2009 dinner, shoulder to shoulder with leaders from internationally renowned universities for a discussion about the role of higher education in global diplomacy, provided an added level of credibility for the business as it pursued an aggressive expansion strategy overseas, occasionally tangling with foreign regulators.

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“A lot of these private-education guys, they’re looking to get into events like this one,” said Sam Pitroda, a higher-education expert who was representing a policy commission from India at the State Department dinner. “The discussion itself is irrelevant. . . . It gets you very high-level contacts, and it gets you to the right people.”

While much of the controversy about Hillary Clinton’s State Department tenure has involved donations to her family’s charity, the Clinton Foundation, a close examination of the Laureate deal reveals how Bill Clinton leveraged the couple’s connections during that time to enhance their personal wealth — potentially providing another avenue for supporters to gain access to the family.

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