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TODAY: Cummings to Speak at Press Conference on Executive Compensation at For-Profit Colleges

Jul 30, 2012
Press Release

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

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


112th Congress