Students are graduating with degrees but struggling to find jobs while carrying thousands of dollars in debt, Senator Elizabeth Warren said on Tuesday as she unveiled legislation that would overhaul the system used to determine whether US colleges qualify for federal student aid.
Warren, alongside Senator Dick Durbin, reintroduced the College Affordability, Quality, and Equity Act, arguing that the decades-old college accreditation process no longer does enough to protect students from institutions that saddle graduates with unaffordable debt and weak employment prospects.