06/25/2014
https://www.congress.gov...
"History shows us that for-profit colleges need heightened accountability, but I think there is a much larger problem here, and that is all colleges pretty much that access the Federal dollars, no matt..."
"For-profit colleges are different, and when the Federal Government pours billions of dollars into these colleges, we should put some restrictions on the money that recognize those differences."
"I don't see how we can reauthorize this law without fixing both the college accountability problem and the structural student loan debt problem that's behind this entire business."
"So two of the largest college collapses in the history of American higher education occurred recently when Corinthian and ITT imploded, ruining the lives of hundreds of thousands of students."