- Senators Warren and Sanders join six colleagues calling for stronger paid employment rules.
- The rule would end federal aid to schools that offer programs that leave students with more debt than their degree can repay.
- Trump repealed this rule, then Biden delayed the timeline for reinstating it.
While President Joe Biden is taking steps to crack down on schools that offer students degrees that don’t pay off the debt owed by the students, Democratic lawmakers say he wants to go even further to prevent endless repayment cycles after graduation. I think we can move on.
Last week, Senators Elizabeth Warren of Massachusetts and Bernie Sanders of Vermont, along with six Democratic colleagues, including Senate Majority Rep. letter To better protect students enrolled in “low monetary value programs.”
Lawmakers say students are being forced to take on more debt as tuition fees continue to rise, making steps to increase transparency about the value of college degrees all the more important. This cuts off federal aid to schools that offer career and certificate programs that leave students with a lot of debt compared to their post-graduation earnings.
First established by former President Barack Obama in 2014, it was intended to prevent students from taking out too many loans that they couldn’t repay given the degree they earned. However, former President Donald Trump repealed the rule in 2019, and Biden delayed reinstatement of the rule until July 2024 at the earliest.
“To further ensure that institutions are held accountable, we are committed to ensuring that career education programs at for-profit and non-degree institutions lead to jobs in the field of our graduates and that our graduates are able to repay in the future. I support the proposed reinstatement of paid employment rules and tightening of their student loan debt,” the Democratic lawmaker wrote.
“We urge the Department of Education to take immediate action to publish and implement the rules as soon as possible so that harmful actors who enroll students in poor quality programs are held accountable,” they said. Added.
While for-profit schools have been accused of misrepresenting programs to students and engaging in cheating in the past, the Paid Employment Regulations, along with accredited programs in public and non-profit schools, cover almost all Applies to the program. In addition to reinstating the rule, lawmakers called on the Department of Education to prioritize remedies for repayment claims in defense of borrowers.
As an insider previously reported, in 2018, Kvaal called Trump’s repeal of the rule “negligent” when he was director of the Institute for College Access and Success.
“It’s one thing to say we’re having a hard time implementing this,” Kvaal said at the time. , is negligent and fails to meet their responsibilities.”
Advocates are also calling for the reinstatement of the rule, along with other measures to prevent schools from offering unrewarded degrees after graduation. — posted a comment Last week, it told the Department of Education, “When programs are of little or no value to students or the general public, we encourage investment of time and money in students or direct taxpayer funds to support educational institutions. There is little reason to do so,” he said.
A ministry spokesperson told Insider last year:
