On the recordApril 28, 2015
I thank Senator Carper and Senator Durbin, two of our most distinguished colleagues who have fought ceaselessly for the interests of students and veterans. I am very proud to be here with them today. I do have a very personal interest as the dad of a veteran and also of a currently serving young man whom I hope will be a veteran one day. Nothing is more important than this issue of making sure we keep faith with our veterans and protect them because the phenomena we have described today often create incentives for schools to lure veterans into education deals, and they are often education deals that fail them, that don't make sense for them, that don't give them the education and the qualifications they think they are going to receive. So very often they are failed by these programs, and they fail to complete their courses and leave with mountains of debt but no degree. These kinds of abuses that bring us here today involve some for- profit schools in effect scamming our Nation's veterans. We all know that for-profit schools are prohibited from receiving more than 90 percent of their total revenue from Federal student aid, but, as my colleagues have so well stated, the Department of Defense and Veterans' Administration education benefits are not counted toward that 90 percent. That loophole causes the for-profits to target those servicemembers and veterans, often with predatory marketing practices that lure them into those deals that make no sense for them.…





