A 2012 U.S. Senate investigation found that for-profit colleges depend on taxpayer dollars for nearly all of their revenues, yet they overspend on advertising and CEO salaries. A study authored by the Center for Responsible Lending and the Maine Center for Economic Policy found that the median debt level for graduates of a Maine for-profit college is more than $21,000 for a two-year program, compared to less than $11,000 for a community college graduate. It also found that just 44 percent of Mainers who borrow for for-profit college make the payments. However, Assistant House Republican Leader Trey Stewart (R-Presque Isle) said his caucus opposed LD 103 out of concerns that it would put “a greater level of regulation and burdens” on trade schools.