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The Nexus
POLITICSJul 21 · 09:15 UTCBUSINESS INSIDERAyelet Sheffey ([email protected])

Student-loan borrowers are taking on debt they can't pay off. There's a renewed push to prevent that.

Sen. Elizabeth Warren and Sen. Dick Durbin reintroduced the Accreditation Reform and Enhanced Accountability Act to hold colleges accountable for unmanageable student debt. The bill requires evaluating repayment outcomes and debt levels relative to earnings, responding to state and federal fraud investigations, and increasing transparency in accreditation decisions.

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