House committee: End loophole allowing tuition-share agreements between OPMs and colleges

From Higher Ed Dive: “A powerful congressional committee is urging the U.S. Department of Education to no longer allow colleges to have tuition-sharing agreements with for-profit companies that help them run and recruit students into online programs. The U.S. House Committee on Appropriations released a report Wednesday accompanying a fiscal 2023 funding bill for the Ed Department and other agencies. The report said the committee was ‘deeply concerned’ about online program management companies, or OPMs. … The committee took a harsh stance against OPMs, arguing that the tuition-share agreements they hold with colleges create ‘perverse incentives that drive up costs, waste taxpayer dollars, and rip off students.’”

View the full article from Higher Ed Dive.

Weekly Education Email Newsletter

Our weekly email delivers all the latest news from the world of higher education direct to your inbox.