Jan. 8, 2018
Amy Laitinen was quoted in Times Higher Education on the regulatory rollbacks in the PROSPER Act:
Amy Laitinen, director for higher education at thinktank New America, added that the legislation would “make it harder for poor students to pay [for university] and easier for them to be ripped off”.
“It could be called the 'for-profits Prosper Act', given the regulatory rollbacks and the opening of new loopholes…This bill would roll back the most basic consumer protections and create new avenues for exploitation,” she said.
She argued that a repeal of the credits system “doesn’t make sense” and would “create huge incentives for abuse, unless we tie funding to outcomes”.