Shaheen, Young Renew Push to Curb Mounting Student Debt by Improving Institutional Accountability

(Washington, DC) - As student debt continues to soar across the country, U.S. Senators Jeanne Shaheen (D-NH) and Todd Young (R-IN) are renewing their push on the Student Protection and Success Act, bipartisan legislation to curb the mounting student debt crisis by increasing higher education institutions' accountability for their students' ability to repay their loans and requiring institutions to have a vested interest in the success of their students.

"The rising cost of college-coupled with the debt students incur in order to attend-has become a barrier for too many young people who want to pursue higher education to achieve their career and life goals," said Senator Shaheen. "Our bipartisan bill will increase accountability measures for loan repayments to ensure that institutions of higher education keep their promises to borrowers and empower students to succeed after graduation - helping to address the alarmingly high cost of higher education and better ensure college affordability for generations of students to come."