Thanks to years of extremely bad public policies, the federal higher education programs dump tens of billions of dollars a year in grants and aid, only to produce an ocean of debt and millions of graduates ill-suited for the workforce. House Republicans are set to introduce a sweeping reform plan that would start to repair this wreckage.
The House Republican reform plan, previewed by The Wall Street Journal on Wednesday, would revamp the student loan program by among other things capping loans, putting colleges on the hook for defaults, and removing various Obama-era loan forgiveness programs. Community colleges would also get more funding to better coordinate courses with job requirements, and the bill would expand apprenticeship programs. Full Story....Here