This amendment would significantly strengthen how the America COMPETES Act will work by improving access to affordable high-quality higher education. First, the amendment includes the JOBS Act, which expands how individuals can use the Pell grant, using the short-term programs enabling them to get good jobs quickly and retrain for better paying jobs while we recover from the pandemic. It also includes the College Transparency Act, which has helped the Department of Education address longstanding racial and socioeconomic inequities in higher education and track the quality of programs. Importantly, the amendment ensures that we continue to protect the privacy of students' personal information. These proposals have strong bipartisan support, and I urge my colleagues to support this amendment and the underlying legislation.
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Treasury has no expertise serving students or institutions of higher education or monitoring servicers for accuracy.





