While my Republican colleagues and I continue to support the basic principles of competition and transparency to help encourage lower costs in higher education, we remain concerned that such policies could lead to federal price controls and more confusion for institutions and borrowers.
Kline expresses concern about federal price controls in higher education.
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At the end of the day, it will be America's poorest neighborhoods that are impacted the most, and that is the last thing we intended as Congress when it passed the Every Student Succeeds Act.
The same voices now claim this overtime rule will provide a pay raise for millions of Americans. It won't.
Republicans and Democrats have a history of bipartisan cooperation on this issue.
As Chairman Kline himself explained when the regulation was proposed, it threatens to impose a multibillion regulatory tax on schools across the country.
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