Senate Dems Unveil Legislation To Protect Education Investments

Senator Tom Harkin, D-Iowa and Senator Kay Hagan, D-NC discuss a new bill that would promote responsible usage of taxpayers' dollars, going towards education and not for advertising means.

By Gabriella Landeros

Senate Health, Education, Labor and Pensions (HELP) Chairman Tom Harkin (D-Iowa) and Sen. Kay Hagan (D-N.C.) unveiled new legislation Wednesday aimed at ensuring tax dollars intended to help college students goes to fund education and service instead of marketing, advertising, and recruitment.

The Protecting Financial Aid for Students and Taxpayers Act targets Pell Grants, federal student loans, the Post- 9/11 G.I. Bill and other federal education funds.”In these tough economic times, we need to protect taxpayers’ investment of billions of dollars in student financial aid by ensuring that it is used to help students succeed in college, not on out-of-control advertising, marketing and recruitment budgets,” said Hagan. “Find the money elsewhere, not from taxpayers.”

“In these tough economic times, we need to protect taxpayers’ investment of billions of dollars in student financial aid by ensuring that it is used to help students succeed in college, not on out-of-control advertising, marketing and recruitment budgets,” said Senator Hagan.

Harkin cited his committee’s investigation into for-profit colleges as grounds for the legislation.

“[It] revealed a staggering amount of money is being spent on advertising and recruiting from for-profit colleges that fail their students. Taxpayers should not be picking up the tab for colleges with dismal graduation rates that spend up to 30 percent of their revenue on marketing machines.”

 

Tags: , , ,

About TRNS Washington Desk

View all posts by TRNS Washington Desk
TRNS Washington Desk
News updates from on and around Capitol Hill.

Earnest: U.S. Won’t Reveal Timing Of Syrian Airstrikes

President Obama is prepared to launch airstrikes in Syria, but not specific on when they will happen.

Syrian Rebels To Be Trained Over 8-12 Months

Pentagon Press Secretary Kirby said training will focus on “basic” military skills, focusing on organizational leadership and equipment proficiency.

LISTEN: The Weekend Ahead – September 20-21

The Day Ahead Logo

The largest-ever climate rally is planned for Sunday in New York, Sierra Ebola emerges from nationwide home confinement, and the MH370 hunt continues.

Kerry, French Counterpart Pledge Support for Baghdad at UN

Kerry said every country, including Iran, has a role to play im fighting the Islamic State.

European Human Rights Conference To Hammer Russia Over Ukraine Crisis

57 member states will participate in the Human Dimension Implementation Meeting from Sept. 22 – Oct. 3, in Warsaw, Poland.

Pentagon: Troops Will Not Interact With Ebola Patients

“It’s important to remember the mission, the mission is to do some training, to build these units, and do some logistics, some transport, the movement of material,” Kirby said. “It is not to treat.”