TODAY: Cummings to Speak at Press Conference on Executive Compensation at For-Profit Colleges
Washington, DC – Today, Rep. Elijah E. Cummings, Ranking Member of the House Committee on Oversight and Government Reform, will offer brief remarks regarding executive compensation at for-profit colleges at a press conference hosted by Senator Tom Harkin, Chairman of the Senate Health, Education, Labor and Pensions Committee.
Sen. Harkin will unveil a report on for-profit education, and the 30 companies that have been the focus of a two-year investigation by his Committee.
On Friday, Cummings circulated a memo with preliminary findings from his ongoing investigation, which found many for-profit colleges pay their executives based almost exclusively on corporate profitability, without taking into account student outcomes.
The press conference will be streamed live at https://harkin.senate.gov
What: Ranking Member Cummings to Speak on Executive Compensation at For-Profit Schools
When: TODAY from 1:30 – 1:40 pm
Where: Room SVC 200, Capitol Visitors’ Center