Rich Colleges Leave Students With Crushing Debt. Republicans Want to Fine Them for It.

When it comes to leaving students with crushing debt they can’t repay, America’s richest colleges and universities are often the worst perpetrators. Under a new congressional bill, those institutions could face millions in fines if they don’t start giving students a better deal. The idea – known as “risk sharing” – is one of a slew of far-reaching provisions included in a massive overhaul of the higher education system that was proposed by House Republicans earlier this month.