Kline Statement on Proposed Higher Education Price Controls

Kline Statement on Proposed Higher Education Price Controls

The following was published by the House Committee on Education and Labor on July 23, 2010. It is reproduced in full below.

Rep. John Kline (R-MN), the top Republican on the U.S. House Education and Labor Committee, issued the following statement today in response to a proposed federal definition of “gainful employment" that would set federal caps on students’ ability to finance their higher education at certain institutions:

“Like the misguided proposal that preceded it, this proposed regulation uses federal price controls as a blunt instrument to address a complex challenge. I share the concern about students borrowing too much for an education that provides them too little value. I simply do not believe unique individuals can be plugged into an arbitrary government equation to produce a true picture of higher education value. I will continue expressing my concerns to the Department of Education in an effort to find a more thoughtful approach that protects both students and taxpayers."

Source: House Committee on Education and Labor