Sending Office: Honorable Mark Takano
As the Speaker considers bringing H.R. 4508, the PROSPER Act, to the Floor, we urge you to keep in mind how this legislation would hurt our nation’s student veterans.
Over 30 Veteran Service Organizations, including the Veterans of Foreign Wars of the United States, have issued letters (here and
here) voicing opposition to H.R. 4508 because it includes provisions that hurt student veterans and other military-connected students.
Some of the most concerning provisions:
- H.R. 4508 eliminates the Public Service Loan Forgiveness (PSLF) program. Implemented in 2007, PSLF encourages students to go into public service. It is also a tool for the military to recruit and retain talent. Please find a recent op-ed
by the American Federation for Teachers and Veterans Education Success
- H.R. 4508 eliminates the 90/10 rule. This is an important regulation that caps the percentage of funding for-profit institutions can receive from federal student aid sources like the Pell grant and student loans. Instead of strengthening
this rule and closing a loophole that allows schools to count military benefits as nonfederal dollars, the PROSPER Act eliminates accountability altogether, encouraging for-profit institutions to use predatory tactics in recruiting military-connected students.
- H.R. 4508 repeals the Gainful Employment Rule. This crucial regulation protects student veterans from poor quality programs that saddle them with high debt and low paying jobs.
The Forever GI Bill recently restored GI Bill benefits to students defrauded by Corinthian Colleges and ITT Tech. Congress should build on this success and bring legislation to the Floor that provides military-connected students with the loan relief
H.R. 4508 would make it harder for veterans to pursue public service jobs and easier for for-profit colleges to defraud student veterans. We urge the Speaker not to bring this bill to the Floor.
Mark Takano John Sarbanes
Member of Congress Member of Congress
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