Tom Harkin: “I want to make sure that all new funding is in accordance with the language we put in the Senate bill.”

The Protect Student Borrowers Act would hold colleges and universities accountable for student loan defaults by requiring them to repay a percentage of defaulted loans.

Our institution's performance, measured by student withdrawal and default rates, is one of the best of any examined, and it appears that students are faring well at this degree-based college.

I particularly appreciate that the students from Westwood, which closed in 2016, finally have been granted relief.

Again, I thank the Senator for this clarifying question. Under this bill, State plans must include a certification that there are in effect in the State requirements that include the establishment of a grace period that allows homeless…