Today, Taylor Maag, Director of Workforce Development Policy at the Progressive Policy Institute, released the following statement of support for the bipartisan ISA Student Protection Act of 2022, which will support enhanced accountability and transparency in higher education financing while ensuring stronger consumer protections and regulations.
“The Progressive Policy Institute has long supported Income-Share Agreements as a bold and innovative model for financing postsecondary education and training. These models can help nudge institutions and providers toward greater accountability for results and promote equitable access to higher education. The ISA Student Protection Act of 2022, recently introduced by Senators Warner, Young, Coons and Rubio, builds off of previous versions of the bill to ensure ISA models are of higher quality — ensuring greater transparency for students and providers as well as stronger consumer protections. PPI applauds this effort to fix higher education financing and supports the bill’s commitment to expand postsecondary opportunities for today’s students, while ensuring the necessary protections for their success.”
The Progressive Policy Institute (PPI) is a catalyst for policy innovation and political reform based in Washington, D.C. Its mission is to create radically pragmatic ideas for moving America beyond ideological and partisan deadlock. Learn more about PPI by visiting progressivepolicy.org.
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Media Contact: Aaron White – awhite@ppionline.org
