The ranking member of the House Appropriations Committee calls for an end to OPM tuition sharing based on enrollment.
For years, my colleagues and I have fought to protect students and taxpayers from the predatory practices of for-profit colleges. While the Biden administration is working to address these abuses through strong gainful employment regulations, I am disturbed by the loose regulation and nonexistent oversight over a similar, newer phenomenon — the proliferation of for-profit online program management, or OPM, companies across our higher education landscape.
Just like predatory for-profit colleges, these OPMs mislead students, drive up costs and leave student borrowers with a low-value education, excessive debt and low-paying jobs after graduation.