Is your college tuition too high? Are you worried about your kids being able to afford college? Federal policy leads to higher and higher college costs by stifling innovative approaches to learning. Im doing my best to fix that and reduce the cost of college. Yesterday the House Committee on Education and the Workforce passed a bill that I am sponsoring with Rep. Matt Salmon (R-AZ) to allow colleges and universities the flexibility to provide a degree that is based on a student’s knowledge and skills instead of seat time. Currently, colleges and universities must adhere to traditional, rigid structures, based on the Carnegie unit, or credit hour, which limit the schedules on which students can enroll and when students can receive financial aid. There is no reason to elongate the higher education process simply to meet arbitrary benchmarks; if students can learn the same knowledge quicker then its also cheaper! When a student is has mastered the material necessary to earn a degree, then they should get the degree. Competency-based education is a crucial tool to speed up to completion, making higher education more affordable for students. I’m also excited that the Committee passed the Empowering Students Through Enhanced Financial Counseling Act, a bill that includes many components of my Know Before You Owe Act. It is critical that students must have complete information about their college financing options – including understanding that private student loans often have higher interest rates and less favorable repayment options. This bill will help students in Colorado and across the country make more informed decisions about their college choices.
Posted on: Fri, 11 Jul 2014 15:33:18 +0000
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