A bill to amend title I of the Higher Education Act of 1965.

[AI summary unavailable — showing source text] Amends the Higher Education Act of 1965 (the Act) to revise title I provisions. Retitles title I (currently "Continuing Postsecondary Education Program and Planning") as "Targeted Educational Outreach and Informational Programs." Retitles and replaces part A (currently "Commission on National Development in Postsecondary Education") with new provisions for "Postsecondary Education Innovation and Expansion Grants." Directs the Secretary of Education to carry out a program, in accordance with such title I part A, to assist eligible postsecondary institutions to establish programs to enhance the educational opportunities available to adult learners. Directs the Secretary, from specified sums, to award grants to institutions with applications meeting specified criteria for such assistance. Sets the maximum award that may be made under a single application under part A at $200,000 (or $300,000 in the case of an application from a combination of eligible institutions), which may remain available for expenditure for not more than a three-year period. Makes institutions of higher education, as defined under general provisions of the Act, and combinations of such institutions eligible to ap…