[Congressional Record Volume 165, Number 186 (Wednesday, November 20, 2019)]
[Senate]
[Pages S6684-S6685]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
For-Profit Colleges and Universities
Mr. DURBIN. Mr. President, there are various options available for
graduates of high schools across the United States. Some of them choose
to go to college or university, but even making that choice gives you a
lot of options.
There are basically two categories of schools, though, that I want to
address in this statement this morning. One category is called for-
profit colleges and universities, and the other is the traditional not-
for-profit colleges and universities, which would include your
community colleges and public universities and many not-for-profit,
private universities.
But I want to focus this morning on the for-profit colleges and
universities in the United States. People sometimes can't make the
distinction between which is which. Some of the big names in the for-
profit industry include the University of Phoenix. That is one you
probably heard of. DeVry University is another one you might have heard
of.
There are some defining characteristics of these schools. They, of
course, are in business to make money, and they have a different
economic model than many of the other universities.
I have met the CEOs of for-profit colleges and universities and found
that in some cases they have limited or no experience when it comes to
education. They are investors. They are business people. The idea of
education is a secondary part of why they were chosen.
There is an important statistic--in fact, two statistics--that I want
to preface my remarks with, and these will be on the final, I might
add, for those who are following this statement.
The numbers 9 and 33--9 and 33. Why are they important? Nine percent
of postsecondary students go to for-profit colleges and universities--9
percent--but 33 percent of all the federal student loan defaults in the
United States are students from for-profit colleges and universities--9
percent of the students, 33 percent of federal student loan defaults.
What is going on here?
Well, what is happening here, unfortunately, is that many of these
students are signing up for the for-profit schools that they think are
legitimate colleges and universities, and, frankly, they are
dramatically overcharging them.
Every analysis we have gone through says that the tuition at these
for-profit schools far exceeds what students are likely to pay,
certainly, in a community college and in the case of many public
colleges and universities. So they have a big tuition bill to start
with, and they have poor results.
What kind of results? Students graduate believing that they are being
trained or educated to do a certain profession, and then they find out
that they can't do the job or they don't qualify for the job, or they
get so deeply in debt on the way to graduating, they give up and quit--
the worst of all possible outcomes.
So that is the preface on these for-profit colleges and universities.
I have come to this floor many times over the years to talk about this
industry because we treat it in the eyes of the public like higher
education across the board, and yet it is much, much different. It is
for profit as opposed to not for profit, and, frankly, the results of
that education leave a lot to be desired.
It has been more than 5 years since the for-profit giant Corinthian
College collapsed. Their economic model didn't work. For years,
Corinthian had lied, inflating its job placement rates and engaging in
high-pressure tactics to lure students into enrolling, often leaving
them with massive student loan debt and a diploma that didn't work to
find a job.
But Corinthian was not unique. As I have said many times, it turned
out to be the canary in the coal mine. Since Corinthian College, we
have seen the collapse of several other major predatory for-profit
colleges and universities. They include ITT Tech, Westwood, Education
Corporation of America, and Dream Center. Nearly every major for-profit
college company has been the subject of extensive investigations and
lawsuits for unfair and deceptive practices similar to Corinthian
College.
Check with the attorney general of your home State about that for-
profit college and university, and, almost without fail, you will find
that they have been investigated for misleading and deceiving the
students who go to school at their universities.
I have long said that we shouldn't leave the students holding the bag
for the misdeeds of these institutions because, you see, we are
complicit. The Federal Government is part of the problem.
How do these schools reach the point where you can take out a Federal
student loan to attend? We accredit them. We recognize their
accreditation. We tell the world and the families and the students that
these are legitimate schools. Depending on that, these students who
sign up for a better experience, are often misled, deceived, and
overcharged. Ultimately, a third of them are in default on their
student loans because they can't pay them back.
There is a provision in the Higher Education Act known as borrower
defense. It gives the students the right to have their Federal student
loans discharged by the Secretary of Education if they have been
defrauded or subject to deception by these schools.
After Corinthian's collapse, this little known, rarely used provision
in the law became a hot topic. All of a sudden, here were large numbers
of students who had been defrauded and deceived by Corinthian College
and went deeply into debt, and now the college goes out of business.
It turns out that most of the hours they took can't be transferred
anywhere. It is worthless. They were defrauded, start to finish, and
now they are left holding the student loan bag.
Thousands of Corinthian students and other borrowers, mostly from
for-profit colleges, began applying for this borrower defense discharge
from the U.S. Department of Education. It was in the law. It led the
Obama administration to undertake a new rulemaking to update the
borrower defense regulation, which dated back to 1994, and to create a
standard process for dealing with the inundation and to attempt to
prevent future collapses.
Soon after taking office, Secretary Betsy DeVos and the Trump
administration delayed implementation of the Obama rule, despite the
Department's own inspector general saying that implementing the rule
would ``avoid costs to students and taxpayers that result from school
closures.''
Secretary DeVos said: I am not going to be a party to that. Her delay
was challenged in court. Her decision to delay this new rule was found
illegal by a Federal judge, after which the current rule went into
effect, and it remains in effect today. Secretary DeVos also announced
she would begin a new rulemaking to replace the current rule.
In late August, Secretary DeVos released her borrower defense rule,
the new rule which she wants to put in place. It actually guts the
borrower and taxpayer protections in the current borrower defense rule
and makes it nearly impossible for students holding this student loan
debt who have been defrauded to get relief.
How does she make it so hard?
It is estimated that the rule will provide $11 billion less in relief
to defrauded borrowers--students--than the current rule. Among other
things, the new Betsy DeVos rule increases the burden on these
defrauded students to gather and submit almost impossible amounts of
evidence to somehow prove their claim. Student borrowers will have to
provide evidence that the school intentionally harmed them.
Now, how are they supposed to do that?
The DeVos rule--the new one--requires borrowers to apply individually
rather than receiving automatic discharges when they are part of a
group of student borrowers who have been harmed by similar practices by
places like Corinthian. In other words, you are on your own. Get your
own lawyer. Lawyer up. Get some evidence together. Come see us, and
maybe we will be convinced.
Student borrowers who have been cheated are not exactly the
wealthiest group in America. They are often facing incredible financial
difficulties and deep emotional strain, with a mountain of debt and
nothing to show for it because of these for-profit schools. Now
Secretary DeVos wants them to be investigators and lawyers and get
their own relief one by one.
[[Page S6685]]
The DeVos rule also eliminates the current prohibition on class
action restrictions and mandatory arbitration clauses in enrollment.
What does that mean?
Under the current rule which Secretary DeVos wants to replace, you
could gather the other students from Corinthian College and work on
this together as a class action claim, share whatever expenses that
might be involved in proving your claim, and you couldn't be forced
into an arbitration where you are likely to lose. You could have your
day in court under the rule that Secretary DeVos wants to replace.
Class action restrictions and mandatory arbitration were used by
Corinthian and ITT Tech and others that required students to sign away
their rights to sue the school as an individual or as part of a class
as a condition of enrollment.
The DeVos rule prevents students from holding schools directly
accountable for their wrongdoing and seeking financial redress through
the courts. It gives students no other option than to seek relief from
taxpayers through borrower defense, but, as I just mentioned, it makes
that process almost impossible.
And if anyone doubts the devastating effect this rule will have on
the defrauded students' ability to get relief, just look at what
Secretary DeVos has done to date.
Since taking office Secretary DeVos has had the authority to
discharge hundreds of millions of dollars in student loan debt held by
hundreds of thousands of defrauded student borrowers. Instead, she has
allowed a backlog of more than 200,000 borrower defense claims from
virtually every State in the Nation--student borrower defense claims
coming from all 50 States--to build at the Department. She is sitting
on it. She is playing slow ball. She has not approved a single claim.
Although more than 200,000 claims are pending, she has not approved a
single claim in more than 1 year.
Here I want to show you what is behind this. In the few cases where
Secretary DeVos has been legally required to provide discharges, she
has done so with extreme displeasure.
Think about that. Using her authority to help defrauded borrowers get
a fresh start brings her extreme displeasure.
How do I know that?
She wrote it. Here is one of them. Recommendation to discharge. She
approves it, signs it, and puts down as a comment: ``with extreme
displeasure.''
Discharging a student loan from a for-profit institution that
defrauded borrowers, she is displeased to be forced to do such a thing.
She defied a Federal court order and was held in contempt for
continuing to collect from these students who had been defrauded by
Corinthian.
This is not a Secretary who rewrote the borrower defense rule to help
student borrowers. In September, I introduced a resolution in the
Senate to overturn the DeVos borrower defense rule; 42 of my colleagues
have cosponsored that resolution.
I plan to bring the resolution to a vote on the Senate floor where we
will only need a simple majority to pass under the expedited procedures
provided for in the Congressional Review Act. At that time, my
colleagues will have a choice. Will you stand with Secretary DeVos or
with the defrauded student borrowers in your State?
There is no doubt where the American people stand. In a 2016 New
America poll, the question was asked whether Americans agreed that
students should have their Federal student loan debt canceled if their
college deceived them, exactly what the borrower defense rule is about.
Seventy-one percent of Republicans said yes, 87 percent of Democrats.
On average, 78 percent of Americans understand it is fundamentally
unfair to penalize these students, having been defrauded by a school
that this U.S. Government said was doing business honestly and
professionally. When you break the numbers down, it is clear. The
overwhelming majority of people in this country stand by the students,
but not by Secretary DeVos.
I will stand with the defrauded students and the American people over
Secretary DeVos, and my colleagues in the Senate will get a chance to
vote. I hope they will, too.
Mr. President, I yield the floor.
The PRESIDING OFFICER (Mr. Sasse). The Senator from South Dakota.