Investigation of CEO Pay at For-Profit Colleges
Cummings Applauds Decision by Dept. of Ed. to Help Students at Corinthian Colleges
WASHINGTON, DC (June 8, 2015)—Today, Rep. Elijah E. Cummings, Ranking Member of the House Committee on Oversight and Government Reform, issued a statement in response to the decision by the Department of Education to grant debt relief to students who attended Corinthian Colleges:
Durbin, Cummings Introduce Legislation To Put Coordinated Federal Oversight Of For-Profit College Industry Into Law
Committee to improve enforcement of federal law and increase for-profit college accountability to students and taxpayers established by executive action last year
[WASHINGTON, D.C.] – U.S. Senator Dick Durbin (D-IL) and Chairman of the Health, Education, Labor and Pensions Committee U.S. Senator Tom Harkin (D-IA) today introduced legislation that would improve coordination between federal agencies that oversee the for-profit college industry. Through the establishment of an interagency oversight committee, the Proprietary Education Oversight Coordination Improvement Act - which will be introduced in the House of Representatives by U.S.
Washington, D.C. —Today, Rep. Elijah E. Cummings, Ranking Member of the House Committee on Oversight and Government Reform, issued the following statement in response to President Barack Obama's proposal to address college cost and accessibility:
Washington, DC – Today, Rep. Elijah E. Cummings, Ranking Member of the House Committee on Oversight and Government Reform, will offer brief remarks regarding executive compensation at for-profit colleges at a press conference hosted by Senator Tom Harkin, Chairman of the Senate Health, Education, Labor and Pensions Committee.
Sen. Harkin will unveil a report on for-profit education, and the 30 companies that have been the focus of a two-year investigation by his Committee.
Washington, DC—Today, Rep. Elijah E. Cummings, the Ranking Member of the Committee on Oversight and Government Reform, circulated a memo with preliminary findings from his investigation of executive pay at for-profit educational institutions—which receive a majority of their funds from U.S. taxpayers in the form of financial aid to students.
Washington, D.C. (Dec. 12, 2011)—Today, Rep. Elijah Cummings, Ranking Member of the House Committee on Oversight and Government Reform, sent letters to the CEOs of 13 for-profit schools seeking copies of compensation agreements for senior executives as part of an effort to determine whether salaries, bonuses, and other compensation are appropriately tied to the performance of students they educate, the vast majority of whom pay for their education with federal tax dollars.
Washington, DC – On Monday December 12, 2011 Rep. Elijah E. Cummings, Ranking Member of the House Committee on Oversight and Government Reform, delivered the keynote address on executive compensation at the Americans for Financial Reform Conference hosted by Public Citizen.