Higher Education & Student Loans
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More on Higher Education & Student Loans
LOS ANGELES – Today, Congresswoman Maxine Waters (CA-43), Ranking Member of the Committee on Financial Services, released the following statement on the fiftieth anniversary of the Higher Education Act:
“Fifty years ago, President Lyndon B. Johnson signed into law the Higher Education Act (HEA) of 1965 – a landmark piece of legislation that decades later is still opening doors for students all across our country.”
WASHINGTON – Today, Congresswoman Maxine Waters (CA-43) congratulated two constituents, Cinthya Benitez and Mayra Negrete, on winning the annual Southwest Airlines “¡Lánzate!/Take Off!” Travel Award for 2015.
WASHINGTON – Today, Congresswoman Maxine Waters, Ranking Member of the Committee on Financial Services, introduced the Students Before Profits Act, a bill recently introduced in the United States Senate by Senators Christopher Murphy and Richard Durbin, and co-sponsored by Senators Elizabeth Warren, and Sherrod Brown. This legislation protects students against deceptive practices by predatory for-profit institutions of higher education.
As ranking member of the House Committee on Financial Services, I've spent the years since the financial crisis trying to provide relief to Americans devastated by the plague of home foreclosures.
It’s been challenging work. Programs the government put in place to aid borrowers often were insufficient, hard to understand and needlessly complex. Though the process created many problems, one silver lining is that we’ve learned important lessons about how government can more effectively help individuals victimized by predatory practices in the financial marketplace.
Originally appeared on Medium.
Pamela Hunt started working when she was just 14 years old. She’s now a 55-year-old home health care worker in Ledyard, Connecticut, and is the mother of eight children. Like so many Americans, she boldly decided to go back to school after long desiring a career change.
CONGRESSWOMAN WATERS COMMENTS ON CORINTHIAN COLLEGES' CLOSURE
April 27, 2015
Congresswoman Waters Pleased with "Long Overdue" Department of Education Actions Against Corinthian Colleges
April 14, 2015
Waters Demands Court Access for Students at Recently Bought Corinthian Schools
Waters Announces Intent to Introduce Legislation Prohibiting Restrictions on Court Access in Enrollment Agreements
Waters Applauds CFPB Action Against Corinthian Colleges
WASHINGTON, DC – Today, Congresswoman Maxine Waters (D-CA-43), Ranking Member of the Financial Services Committee, expressed support for the Consumer Financial Protection Bureau's announcement that it would take legal action against Corinthian Colleges, Inc. for its predatory lending practices.
At a time when student debt has reached record levels, and studies show those with excessive debt may be unable to gain access to credit for important purposes like a home purchase, Congresswoman Maxine Waters (CA-43) is taking steps to ensure that predatory financial products are not taking additional dollars out of the pockets of our nation's graduates.