July 13, 2017
Media contact: NCL Communications, Cindy Hoang, email@example.com, (202) 207-2832
The National Consumers League (NCL), the nation's pioneering consumer advocacy organization, filed comments with the Department of Education (DOE) yesterday strongly opposing the dismantling of two pro-consumer Obama-era rules that are intended to prevent predatory practices at for-profit colleges. The first being the “gainful employment regulations,” finalized in October 2014, and the second, “borrower defense to repayment and college accountability regulations,” which was finalized in November 2016.
“For years, predatory for-profit colleges have defrauded students and families while profiting from federal aid. Multiple investigations have revealed that federal taxpayers are subsidizing schools and programs that consistently leave students and veterans with loans they cannot repay and credentials they cannot use. These schools have offered low-quality, high-priced programs, shortchanged students in their support service offerings, and often misrepresented their abysmal graduation and job-placement rates,” said NCL’s Executive Director Sally Greenberg. “We are asking the Department of Education to reconsider this position and protect the interests of students who have often been treated abysmally by for profit institutions.”
About the National Consumers League
The National Consumers League, founded in 1899, is America's pioneer consumer organization. Our mission is to protect and promote social and economic justice for consumers and workers in the United States and abroad. For more information, visit www.nclnet.org.