Higher Education & Student Loans

WASHINGTON D.C. - Today, Congresswoman Maxine Waters (CA-43) applauds the Department of Education’s proposed regulations to protect students and taxpayers from predatory practices of private, for-profit colleges and universities. Although months of regulation negotiation between advocates, stakeholders and the Department of Education did not result in a consensus in March, many of the provisions in the newly proposed rule are direct suggestions from legislation Congresswoman Waters’ has previously introduced, the Court Legal Access and Student Support Act (CLASS Act).

Washington, D.C., Today, Congresswoman Maxine Waters issued a statement on the Department of Education’s new proposal to further steps to protect students for predatory for-profit institutions of higher education. As part of an ongoing rule making negotiation centered on debt relief for defrauded students, the Department’s latest suggestions include eliminating mandatory arbitration and class action ban clauses in enrollment agreements.

LOS ANGELES – Today, Congresswoman Maxine Waters (CA-43), Ranking Member of the Committee on Financial Services, released the following statement on the fiftieth anniversary of the Higher Education Act:

“Fifty years ago, President Lyndon B. Johnson signed into law the Higher Education Act (HEA) of 1965 – a landmark piece of legislation that decades later is still opening doors for students all across our country.”