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S. 3114

90/10 Accountability for All Act

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.

Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

Sen. Enzi, Michael B. [R-WY](R-WY)Sponsor
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  1. IntroReferral

    Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

    Health, Education, Labor, and Pensions Committee
  2. IntroReferral10000

    Introduced in Senate

90/10 Accountability for All Act — Informed