Tom Harkin: “Our national policies should no longer have a bias toward institutional care.”

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.

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…

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