Skip to main content

Minnesota AG proposes more protections for college students

  • Author:
  • Updated:
    Original:

Students who attend for-profit colleges or borrow money to pay for college deserve better customer service, according to Minnesota Attorney General Lori Swanson.

Swanson said Tuesday she has drafted legislation that would address both those issues.

Her proposal would require for-profit colleges to be more upfront with students about job-placement and graduation rates, the Star Tribune reports. It's another step in her campaign against what she calls "aggressive enrollment" tactics on the part of for-profit schools.

Swanson filed suit in July against the Minnesota School of Business and Globe University, which are held under common ownership, claiming they have systematically deceived their students.

The two colleges are accused of misleading graduates about job opportunities and their ability to transfer credits to other higher-education institutions. That has burdened them with thousands of dollars in school loans and little chance of finding employment, Swanson claims in the lawsuit.

The other aim of her proposed legislation is to prompt college loan servicing companies to provide more straightforward information to students about the terms of their loans, according to MPR News.

Swanson said her office is seeing more complaints from students and their parents who are getting the runaround from private lenders, even when they ask for basic information such as the amount they owe, the interest rate they're being charged and repayment options, MPR News reports.

Her "Borrower's Bill of Rights" would require loan service companies to give students updates on their loans while they're still in school, and to “clearly and conspicuously” disclose basic information such as the loan amount, the interest rate being charged and due dates, according to the Star Tribune.

The measures would only apply to private loan servicers, not federally guaranteed student loans.

Swanson said she is talking with several legislators who may be interested in sponsoring the bill during the upcoming legislative session, MPR News notes.

The attorney general's website has more information for people who are considering enrolling in a for-profit college.

Next Up

tunnel-g713f450fe_1280

Officials investigating possible spill near Enbridge pipeline in Wisconsin

It comes as another water spill is being reported at Enbridge's Line 3 pipeline in Minnesota.

weather

Lightning strike outside White House kills Wisconsin couple

The bolt of lightning was captured on video by a local TV camera.

USATSI_18324496_168397563_lowres

NASCAR star Kyle Busch flees Mall of America after shooting

Busch was at the megamall with his wife and son when a gunman opened fire Thursday.

ambulance

Triple-fatal crash involving car full of Missourians in Minnesota

Four people from Missouri were in a vehicle that collided with a semi.

Screen Shot 2022-08-03 at 7.58.19 AM

Teen charged with murder of 15-year-old at light rail station

The victim died from a gunshot wound to the chest following the shooting Tuesday.

Depressaria depressana

Invasive moth flying around Minnesota for first time

The little bugger was confirmed in Wisconsin in 2018 and Iowa in 2020.

Screen Shot 2022-08-04 at 4.49.39 PM

Police update MOA shooting: Search for 2 suspects ongoing

Three shots were fired at the Nike store inside the Mall of America.

covid

Minnesota's COVID-19 update for the week ending Tuesday, August 2

Hospitalizations increased nearly 20% from July 26 to August 2.

Screen Shot 2022-08-04 at 1.22.41 PM

Deaths of 2,500 fish in Minnesota trout stream unexplained

Trout anglers are concerned the incident represents a larger problem.

Related