Learning Express

Senator Warns Of A Student Loan Bubble

Each year, the federal government provides more than $150 billion in grants and loans to help students pay for college. And while , young people are taking on record levels of debt to earn that degree. That's the backdrop for a Senate hearing Thursday on reauthorization of the Higher Education Act, the 1965 law that governs the federal financial aid system. As part of a series of conversations about paying for college, Morning Edition spoke with Sen. Tom Harkin, D-Iowa, who will run the hearing. The chairman of the Health, Education, Labor and Pensions Committee tells NPR's Linda Wertheimer that for-profit, public and private colleges and universities should be more accountable for the federal student aid they receive.


Advertise with UsSubscribe with Us

Would you like to see more education news like this in your inbox on a regular basis? Subscribe to our email newsletter!