Student-loan borrowers should not be 'scammed out of an education and into a mountain of debt,' 3 Democratic lawmakers say. Here's how their new bill would help prevent that.

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• Three Democratic lawmakers introduced a bill to increase oversight of for-profit colleges.
• The bill would create a committee to oversee the industry and monitor potential predatory behavior.
• For-profit schools have come under scrutiny for loading students up with debt they cannot pay off.

A group of Democratic lawmakers don't want to let for-profit schools off the hook for piling students up with debt and no degree.