mr. schumer: madam president.
the presiding officer: the
democrat leader.
mr. schumer: first, let me thank
my friend from georgia for being
able to go, and my friend from
illinois who has been
passionate, strong, and
effective when it comes to these
nonprofit colleges.
he laid out a whole strong case,
these for-profit colleges,
excuse me.
but let me just make one more
point which sometimes my
colleagues on the other side of
the aisle and the -- in the
trump administration, miss
devos, seems to forget.
who loses money when these
for-profits take advantage of
kids?
the federal taxpayers, because
the vast, vast majority, the
overwhelming percentage of funds
that go to these for-profit
colleges are from federal
student loans.
so this is a waste of taxpayer
money.
and somehow our republican
colleagues -- not all.
some -- and the jumpings are
willing to have the treasury
just basically in certain ways
be looted.
and they shrug their shoulders
and let the for-profits keep
doing it.
it's an...