Senator Elizabeth warren’s Higher Education Vision – It is compulsory students have debt-free option.

But colleges have to stop misusing money of taxpayers, and the Republicans and Democrats can coexist.

On Wednesday at the Albert Shanker Institute, Senator Elizabeth Warren (D-MA) gave a speech on how to guarantee an option that is debt-free for every student seeking to attend college – while also controlling abusive for –profit college practices and college costs

Warren explained two ideas that are really not incompatible:

It begins with courage – the boldness of both Republicans and Democrats to accept what is wrong and to admit the other part has a good point. We can only achieve affordable colleges if the Republicans accept that affordable colleges will never become reality if we don’t invest more of the resources toward education, and if the Democrats are willing to accept that we cannot have colleges that are affordable unless we demand genuine accountability in lieu of those investments.

Warren is saying in other words that we should be willing to invest the money needed to make every eligible college student debt-free, but we must ensure that these colleges receiving these funds are spending them responsibly.  She condemned colleges that “double down just to increase the number of students by putting in place expensive student centers, climbing walls, fancy dorms and lazy rivers – paying for facilities with still costly student fees and higher tuition.”

Warren also criticized the Department of Education for not reprimanding Navient ( a student loan service),  for not capping interest rates on loans granted to military veterans, something  military veterans were required by law.  “Instead of punishing them, the Department of Education carried out an investigation, and after a year, without explanation, announced that Navient was not involved in any form of misconduct, “Senator Warren said. She also raised an analogy regarding the issue which has molded her into a star: Wall Street.  She concluded that “the senior administrators at the Department of Education is incapable of reprimanding the Navient .”

In addressing both freeing up resources for college students and controlling the abusive for-profit scetor, Senator Warren is opposing strong political interests. We recall in 2012 how the House of Representatives elected 303 – 114 – bar rules which would have capped government grants to abusive for – profit colleges –with about 69 Democrats uniting with every Republican.

Her plan resulted in numerous action items, which include expanding the whole federal aid, ameliorating the Pell Grant Program, making application for education aid easier, implementing the rules in the books, and giving students permission to discharge and renew their loans when in bankruptcy.

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