Susan Davis actually said...

"Our higher education system maintains its integrity through three unique entities: the Federal Government, States, and accreditors."

"For-profit colleges have, by definition, a fiduciary duty to its stakeholders to maximize profits, often at the expense of students."

"The accountability triad is intended to provide robust oversight of colleges and universities."

"Students in for-profit colleges borrow more often, take out larger loans, and default at higher rates than students in similar programs at public and non-profit colleges."