Easy access to student loans is one of the biggest contributors to the Higher Education Bubble.

One North Carolina representative gets that, and displays a little free market savvy, in recent comments related to student loan programs:

The federal government should have no role in trying to make college affordable, Rep. Virginia Foxx (R-N.C.) said, backing legislation that would prevent the Obama administration from enforcing new rules on for-profit colleges.

“The attitude of our friends on the other side of the aisle, the attitude of the Department of Education, is that total control of our lives, especially education since that’s what we’re dealing with, should be done at the federal level,” Foxx said on Wednesday.

“It is not the role of the Congress to make college affordable and accessible,” Foxx went on to say. “That I think is the nub of the issue here.”

Foxx made her comments during a House Education and the Workforce Committee markup of a GOP-backed bill that would prevent the U.S. Department of Education from enforcing new rules on for-profit colleges, including University of Phoenix and DeVry University. The Education Department rules are set to require for-profit schools to win the approval of any state they operate in, and to meet gainful employment standards designed to show they train graduates to earn a living. The bill also would stop the federal government from defining a credit hour until the renewal of the Higher Education Act in 2014.


 
 0 
 
 0