Congress, pass the PROSPER Act for federal student aid reform
BY RACHELLE PETERSON, OPINION CONTRIBUTOR — 05/23/18 09:30 AM EDT 101
THE VIEWS EXPRESSED BY CONTRIBUTORS ARE THEIR OWN AND NOT THE VIEW OF THE HIL
It has been 53 years since President Lyndon Johnson signed the Higher Education Act into law, and 10 years since it was reauthorized, under President Obama. Over the years, the law — which touches nearly every aspect of higher education — has turned into a special interest bonanza. It shields traditional colleges from marketplace competition, weaves a labyrinthine web of student aid options, packs on the pork, and in the last administration served as a pretext for the Department of Education to invent politically charged regulations.