Posted 6 years ago on May 7, 2012, 8:23 a.m. EST by XenuLives
from Charlotte, NC
This content is user submitted and not an official statement
from Daily Kos:
Don't forget to pay attention to what's going on locally this election season.
"Without that student-loan debt, however, as Andrew Leonard shows in a fine little smackdown of the congresswoman, Foxx would be short many thousands of bucks in her campaign coffers. Among her top contributors are the Association of Private Sector Colleges and Universities and Corinthian Colleges. Fly-by-night for-profit education operations are something Foxx has eagerly gone to bat for despite continuing reports from the Government Accountability Office showing these operations, especially the online-only versions, to be massive rip-offs, offering inferior education and exceedingly low graduation rates. One of the biggest rip-offs is the fact that they thrive on student grant and loan money.
To help them out, Foxx introduced HR2117, the Orwellianly named Protecting Academic Freedom in Higher Education Act to "prohibit the Department of Education from overreaching into academic affairs and program eligibility under title IV of the Higher Education Act of 1965." In other words, as Danny Weil says, Foxx's act amounts to "no regulations allowed." Or, as Leonard suggests for a retitling: “The Protecting the Freedom of For-Profit Schools to Suck off the Government Teat Without Any Accountability Whatsoever Act.” "