S 3114 · 116th Congress · Education
90/10 Accountability for All Act
Bill Progress
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Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Read twice and referred to the Committee on Health, Education, Labor, and Pensions.(2019-12-19)
Plain Language Summary
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90/10 Accountability for All Act This bill expands revenue requirements currently applicable only to proprietary (i.e., for-profit) institutions of higher education (IHEs) to all IHEs. Under current law, proprietary IHEs may not receive more than 90% of their revenue from federally funded student aid (known as the 90/10 rule). The bill applies this rule to all IHEs.…
Summarized by Claude AI · Non-partisan · For informational purposes only