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Detailed text transcripts for TV channel - KGO - 20100820:10:04:00

Problem foremoc t.j. ws with t repor mob and vinita. this is the third week in a row that unemployment numbers have shot up. the latest economic figures put a damper on the president easiest ten-day vacation to martha s vineyard. this morning s news that unemployment claims rose again compels us to act. reporter: jobless claims have now reached a nine-month high. a sign that employers are cutting jobs again as the recovery struggles to take hold. usually every summer i hire at least two or three extra people. the business is not there. reporter: mr. obama admits the recovery will likely take years. we re not going to get all 8 million jobs that were lost back overnight. it s going to take some time. reporter: in alameda california, unemployment rate is hovering at 11.5%, those looking for work lined up at an oakland job fair. young has been out of work for a year and a half. i try to get out at least ten resumes a day. that s the way it is. ....

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Detailed text transcripts for TV channel - KGO - 20100820:09:44:00

Began his own boston t party. t for trophies. t for titles. t for terrifying. his 95-mile-an-hour fastball is feared by friend and foe alike. he s big and strong, ridiculously rich, and occasionally controversial. but make no mistake, clemens is no jose canseco. this is one of the good guys. he spent some of his off time in florida selling his autograph. not at some baseball card show but at a benefit for the cancer society. this spring, he s even baseball friendly with the reporters he shunned in years past. too good to be true? maybe. remember, it s not like he has to be a good guy. buckner at first. over to clemens. and they got it. he missed the bag. reporter: intensity is what makes clemens the most overpowering pitcher in baseball. he absolutely hates to lose. problem is, he can be intense ....

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Detailed text transcripts for TV channel - KGO - 20100820:09:14:00

Latest big mortgage crisis. these companies are marketing machines masquerading as universities. reporter: at a conference in new york, isman said the real problem is students who get over $22 billion in federal aid from the government to attend these schools are defaulting on their student loans at an alarming rate. never was acceptable. those schools who did it are wrong reporter: lobbyist harris miller says even though these schools are playing a vital role by providing higher education to students who would not ordinarily get a degree, he admits the recruiting practices at many for-profit schools need to be changed. we should not have a situation where that many bad occurrences are being visible. you got caught? no, there are always problems, problems at traditional schools too. 15 for 15 that s right. you get the government money, why don t you give some back to these people who have been stuck after your improper solicitation? it s something we re going ....

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Detailed text transcripts for TV channel - KGO - 20100820:10:45:00

What do you have in place to pay the people who are carrying nothing. reporter: whatever the industry s plans for changes in the future, that doesn t solve the problem now. chris cuomo, abc news, new york. amazing some of the tricks recruiters use. in some cases telling the agents, undercover agents, they re not penalized if they don t pay back their federal student loans which we all know is far from the truth. it is sad to see they re taking advantage of people who really need help the most. for example some of these recruiters said they were told to look for pain points. they would say, your parents worked at mcdonald s, don t ou think itfor to get this degree and you d have to work at mcdonald s? preying on insecurities and all ....

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Detailed text transcripts for TV channel - KGO - 20100820:10:43:00

The recruiter says if he gets a degree and does some student teaching he ll be set. i can go to university of phoenix, do my bachelor s degree, and 100% for sure i can go back to either texas or new york and i can sit for those exams? right. once i finish those exams then you can teach. i can teach? yes, that is true. reporter: but it s not true. having that degree alone, even if you pass the teaching tests, won t guarantee that he can teach in these states. i m not supposed to discuss reporter: recently the government accountability office sent undercover investigators to 15 for-profit schools across the country and found that all of them were misleading students. we have some students who are making maybe $600, to $1,000 a day. i think the whole orchard is contaminated, like i said. that there s a systemic problem here, with the system itself, that needs to be addressed. reporter: but misleading students isn t the worst of it, says steve isman, renowned ....

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