PROSPER Act

[AI summary unavailable — showing source text] Promoting Real Opportunity, Success, and Prosperity through Education Reform Act or the PROSPER Act This bill amends the Higher Education Act of 1965 to revise the governance of federal financial aid provided to students pursuing a postsecondary education and institutions of higher education (IHEs), including by: removing restrictions on providing aid to for-profit institutions, correspondence courses, and certificate programs; modifying the eligibility requirements for IHEs and students to participate in federal student aid programs; revising accountability measures for IHEs, such as adding new measures for minority-serving institutions; requiring IHEs to implement programs to prevent the use of illicit drugs and the abuse of alcohol by students and employees; prohibiting aid to IHEs that deny religious student organizations the rights, benefits, or privileges that are afforded to other organizations; limiting the Department of Education's authority to issue regulations; revising requirements concerning sexual assault on campuses; authorizing an industry-led apprenticeship grant program; reauthorizing through FY2024 and revising specified programs, including the Federal Pell Grant…