On the recordMarch 10, 2020
I want to thank my colleague, Senator Durbin, for leading efforts this week to undo Betsy DeVos's harmful rollback protections for millions of Americans with student loans ripped off by for-profit colleges. This is an example where the Senate stood up to the President, stood up to the billionaire Secretary of Education whose mission in that job is to privatize public education and turn profits for her and her friends and her allies. This bipartisan Senate stood up to her and stood up to the President, stood up to the majority leader, and did the right thing. We have seen these for-profit colleges in Ohio. Schools like Corinthian and ITT, which make big promises with fake--and this time the word ``fake'' is accurate--they make big promises with fake or deceptive job placement rates. They spend millions on marketing, and they trick students into taking out huge loans, only to close up shop and leave them with meaningless degrees or, worse yet, just credits but always mountains of debt. These are people trying to get an education to improve their job prospects to build a better life for themselves and their families. Too often these predatory schools target Black students, Latino students, immigrants, low-income students, and first-generation college students. Many of them are veterans returning from serving our country and looking to start a new career.…





