The for-profit college industry is trying to kill regulation that would hold it accountable to low-income students and taxpayers. A new Education Department rule would prevent these schools from promising opportunity while saddling people with overwhelming debt.
Students at for-profit schools make up just 10% of everyone pursuing higher education but account for more than 40% of all student loan defaults. Students shouldn’t be able to use federal financial aid to attend programs that don’t help them land jobs.
Please join us in calling on the Department of Education and members of Congress to support affordable education that improves students’ life chances.