Creates criminal penalties and civil rights of action against educational institutions that charge excessive tuition rates.
relative to establishing causes of actions against educational institutions that charge excessive tuition rates.
While I commend the novel approach of this bill, and its intent, I am skeptical of its broad application in practice and of the likelihood of its prevailing in court. IMO, a better approach is to require education institution to create verifiable economic analysis showing success in 10-year loan payoff at 30% of employment take-home wages. Wide distribution to school applicants would be required.
The schools that intentionally defraud, especially those that force the federal government to forgive student loans, they should be criminally charged with fraud. Why do we need a new law placing even more responsibility on the student to vet these businesses that accept federal funds? Why would the student being scammed into signing a form exempt the scammer from a fraud charge?
Position recorded without written comment.
Position recorded without written comment.
Position recorded without written comment.
Position recorded without written comment.
Position recorded without written comment.
Position recorded without written comment.
Position recorded without written comment.