Strengthen Policies to Prevent Waste, Fraud, and Abuse
It is imperative that Congress maintain existing accountability mechanisms, many of which Congress adopted with bipartisan support and have proven successful over the course of decades. These critical protections include reinstating the gainful employment and borrower defense rules, requiring at least 15 percent of tuition be paid without federal subsidies, prohibiting the use of commissioned sales and other tactics associated with high-pressure and deceptive recruiting, and holding colleges more accountable for excessive student loan default rates.
It is also more critical than ever that Congress act to put in place new accountability protections. Legislation introduced in 2019 (S. 867, H.R. 3512) provides a comprehensive set of policy solutions to ensure both students and the taxpayer investment are protected. Known as the PROTECT Students Act, the bill the bill addresses these key priorities and more.
For information on the broad coalition of student, consumer, civil rights, veterans, and college access organizations working to better protect students and taxpayers, visit ProtectStudentsandTaxpayers.org.