We will strengthen our nation’s public and private Historically Black Colleges and Universities, Predominantly Black Institutions, Hispanic-Serving Institutions, Asian American and Native American Pacific Islander-Serving Institutions, Tribal Colleges and Universities, Alaska Native and Native Hawaiian-Serving Institutions, Native American-Serving Nontribal Institutions, and minority-serving institutions. Many of these schools educate disproportionate percentages of growing populations of Americans: students who are racial and ethnic minorities, low-income students, and first-generation students. As the nation is grappling with how to expand educational access and increase success, especially for communities of color and low-income students and families, there is evidence that the nation’s HBCUs and Minority Serving Institutions have honed promising models for educating these students to prepare them for high- and critical-need positions while containing costs. We will create a robust and historic dedicated fund to keep costs down, provide quality education, and ensure dedicated support to improve student outcomes and completion rates. We will provide further assistance to students at these schools, as well as other students across the country, by restoring year-round Pell funding so that low- and middle-income students from all backgrounds can get the support they need to make progress toward a college degree throughout the year.
Cracking Down on Predatory For-Profit Schools
We will continue to crack down on for-profit schools that take millions in federal financial aid—often as their principal source of revenue—and then exploit students and burden them with debt rather than educating them. That is why we will strengthen the gainful employment rule to ensure that for-profit schools enable students to complete their degrees and prepare them for work. We will go after for-profits that engage in deceptive marketing, fraud, and other illegal practices. We will also exercise our responsibility in oversight over the Department of Education to carry out their obligation to close down those for-profit schools that consistently engage in fraudulent and illegal conduct. It is unacceptable that for-profit schools with low graduation rates keep encouraging their students to take out federal loans they will have trouble paying back. Therefore, to the maximum extent possible, we will also encourage widespread relief and the forgiveness of debt to those students harmed by the practices of fraudulent institutions.