WASHINGTON – U.S. Senate Majority Whip Dick Durbin (D-IL), along with U.S. Senators Tina Smith (D-MN), Richard Blumenthal (D-CT), Jeff Merkley (D-OR), and Elizabeth Warren (D-MA), today reintroduced the Proprietary Education Oversight Task Force Act, legislation that will establish an interagency committee tasked with improving coordination of federal oversight of for-profit colleges to ensure that students are not scammed out of an education and into a mountain of debt. The bill would require the committee to publish an annual report, detailing enforcement actions taken against for-profit colleges across federal agencies. It also would require the committee to publish a For-Profit College Warning List for potential students to help them make informed decisions about their options for post-secondary education. “Predatory for-profit colleges rake in billions in federal student aid rather than to provide a quality education to students, who are often drowning in debt with
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