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FEDERALhearing transcript
High Impact

Senate Hearing on College 'Skin in the Game' Policies

Original title: REAUTHORIZING THE HIGHER EDUCATION ACT: EXPLORING INSTITUTIONAL RISK- SHARING

January 1, 2017

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The Frame

What this does

This hearing explores potential policy changes that could require colleges to pay a portion of defaulted student loans, which could influence how universities manage tuition costs, student recruitment, and academic outcomes.

Who is mentioned in the record

Potentially affected actors named in the source documents. Mention is not a position.

Colleges and Universities

These institutions could face new financial liabilities if federal policies are changed to require them to share the risk of student loan defaults.

Student Borrowers

Students may be affected by changes in institutional policies regarding admissions, tuition, and student support services resulting from risk-sharing requirements.

What changed

Last recorded activity January 1, 2017.

What's next

Next step not available in the current record.

Summary

The Senate Committee on Health, Education, Labor, and Pensions held a hearing to discuss '' in higher education. The discussion focused on whether colleges and universities should be held financially responsible when their students struggle to repay federal student loans.

Key Facts

  • The hearing was held on May 20, 2015, by the Senate Committee on Health, Education, Labor, and Pensions.
  • The primary topic was 'institutional risk-sharing,' often referred to as having 'skin in the game' regarding student borrowing.
  • The committee is currently working on the reauthorization of the Higher Education Act.
  • The hearing included testimony from experts representing the American Enterprise Institute, Strayer Education, Inc., Young Invincibles, and Temple University.
  • The committee heard from multiple Senators including Alexander, Murray, Reed, Casey, Whitehouse, Warren, Franken, Cassidy, Baldwin, Murphy, and Bennet.

Frequently Asked Questions

What is 'institutional risk-sharing' in higher education?
It is a policy concept where colleges and universities would be held financially accountable for a portion of the federal student loans that their students fail to repay.
Why is the Senate discussing this?
The committee is in the process of reauthorizing the Higher Education Act and is exploring ways to improve student outcomes and manage federal student loan debt.

Why It Matters

This hearing explores potential policy changes that could require colleges to pay a portion of defaulted student loans, which could influence how universities manage tuition costs, student recruitment, and academic outcomes.

News Coverage

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Sponsors

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Discoveries

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

policy shift90% confidence

Focus on Institutional Accountability

The hearing marks a shift toward exploring financial accountability for higher education institutions rather than focusing solely on student-level repayment plans.

Connected Entities

personAndrew P. KellyDirector, Center for Higher Education Reform, American Enterprise InstituteMap →
personRobert S. SilbermanExecutive Chairman, Strayer Education, Inc.Map →
personLamar AlexanderChairman of the Senate Committee on Health, Education, Labor, and PensionsMap →
personJennifer WangPolicy Director, Young InvinciblesMap →
personDouglas A. WebberAssistant Professor, Temple UniversityMap →
personPatty MurrayU.S. Senator from WashingtonMap →
personJack ReedU.S. Senator from Rhode Island and hearing witnessMap →

Sources

Open source document

www.govinfo.gov

Analysis Score

0–100
  • Significance75
    How much this matters to a regular citizen
  • Controversy40
    Intensity of disagreement among stakeholders
  • Entertainment10
    Compellingness for a non-policy-wonk reader
  • Buzz15
    Current news / social attention level

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