In full transparency, the following is a media release from Sen. Elizabeth Warren’s office. She was elected by voters in the Commonwealth of Massachusetts to serve the state in Washington DC in the US Senate. She is a Democrat. (file photo). SOURCE publishes press release from elected leaders as a community service.
WASHINGTON DC – U.S. Senator Elizabeth Warren (D-Mass.) sent a letter to Secretary of Education Miguel Cardona seeking further administrative action from the Department of Education (The Department or ED) to promote accountability among institutions of higher education.
The letter was sent in response to the Department’s efforts to transform the income-driven repayment program and identify low financial value programs that saddle students with mountains of debt that they have little hope of repaying.
“I am encouraged by The Department’s attention to the need for stronger accountability among institutions of higher education and the steps that the Department already has taken to hold higher institutions accountable for their actions. However, I believe more must be done,” wrote Senator Warren. “The Department should take every opportunity to utilize the authority Congress has given it to ensure that schools are more accountable to students and taxpayers.”
When President Biden announced his plan to cancel up to $20,000 in federal student loan debt for borrowers, he also announced that ED would reinvigorate efforts to hold institutions of higher education accountable for student outcomes and rising costs.
While millions of borrowers wait for the Supreme Court to litigate baseless challenges to the President’s authority to provide necessary student debt relief, the letter urges that ED use its full authority to hold institutions and their executives accountable to students, families, and taxpayers and ensure that students are offered high-quality education and are not saddled with burdensome debts that are unaffordable, relative to their incomes.