Bill 118 hr 1682, also known as the Protecting Students from Worthless Degrees Act, aims to address the issue of for-profit colleges and universities offering degrees that do not adequately prepare students for the workforce. The bill seeks to protect students from being misled by these institutions and ensure that they are receiving a quality education that will lead to meaningful employment opportunities.
The key provisions of the bill include requiring for-profit colleges and universities to provide accurate and transparent information about their programs, including graduation rates, job placement rates, and average salaries of graduates. This information will help students make informed decisions about where to pursue their education and ensure that they are not being taken advantage of by institutions that do not have their best interests at heart.
Additionally, the bill establishes a process for students who believe they have been misled by a for-profit college or university to seek recourse and have their student loans forgiven. This will help protect students from being burdened with debt for degrees that do not lead to meaningful employment opportunities.
Overall, the Protecting Students from Worthless Degrees Act is aimed at holding for-profit colleges and universities accountable for the quality of education they provide and ensuring that students are not being taken advantage of by institutions that prioritize profit over the well-being of their students.