3.0.0 3179 2022-11-01T06:47:27Z 2022-11-01T06:47:27Z House HR 2019-06-10 116 [Congressional Record Volume 165, Number 96 (Monday, June 10, 2019)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. COHEN:H.R. 3179.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clause 3[Page H4389]]]> hsed00 Education and the Workforce Committee House Standing Referred to 2019-06-10T18:01:30Z DAVIE Act 116 3369 HR 2019-06-19 Referred to the House Committee on Education and Labor. Related bill CRS POST Act of 2019 116 1775 S 2019-06-11 Read twice and referred to the Committee on Health, Education, Labor, and Pensions. (text: CR S3322-3323) Identical bill CRS 2019-06-10 Referred to the House Committee on Education and Labor. IntroReferral H11100 2 House floor actions hsed00 Education and the Workforce Committee 2019-06-10 Introduced in House IntroReferral Intro-H 9 Library of Congress 2019-06-10 Introduced in House IntroReferral 1000 9 Library of Congress C001068 Rep. Cohen, Steve [D-TN-9] Steve Cohen D TN 9 N J000032 Rep. Jackson Lee, Sheila [D-TX-18] SHEILA JACKSON LEE D TX 18 2019-06-10 True C001123 Rep. Cisneros, Gilbert Ray, Jr. [D-CA-39] Gilbert Cisneros D CA Ray 39 2019-06-10 True L000570 Rep. Lujan, Ben Ray [D-NM-3] Ben Lujan D NM R. 3 2019-06-13 False P000617 Rep. Pressley, Ayanna [D-MA-7] Ayanna Pressley D MA 7 2019-08-23 False L000551 Rep. Lee, Barbara [D-CA-13] BARBARA LEE D CA 13 2019-09-10 False Education Congressional oversight Education programs funding Higher education Student aid and college costs Veterans' education, employment, rehabilitation Veterans' loans, housing, homeless programs Education 00 2019-06-10 Introduced in House 2020-12-08T16:51:18Z Protecting Our Students and Taxpayers Act of 2019 or the POST Act of 2019

This bill modifies requirements for a proprietary (i.e., for-profit) institution of higher education (IHE) to participate in federal student aid programs.

Current law requires a proprietary IHE to derive at least 10% of its revenue from sources other than federal student aid. This bill requires a proprietary IHE to derive at least 15% of its revenue from sources other than federal funds (i.e., it replaces the so-called 90/10 rule with an 85/15 rule).

Additionally, the bill limits what a proprietary institution may treat as revenue to the school in calculating whether it derives at least 15% of its revenue from sources other than federal funds.

Finally, the bill makes compliance with the 85/15 rule a condition of institutional eligibility to participate in federal student aid programs (i.e., failure to comply results in immediate loss of institutional eligibility). Currently, a proprietary IHE must violate the rule for two consecutive years before losing eligibility.

]]> POST Act of 2019 Display Title POST Act of 2019 Official Title as Introduced To amend the Higher Education Act of 1965 regarding proprietary institutions of higher education in order to protect students and taxpayers. Introduced in House IH Short Title(s) as Introduced POST Act of 2019 Introduced in House IH Short Title(s) as Introduced Protecting Our Students and Taxpayers Act of 2019 Introduced in House IH Introduced in House 2019-06-10T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116hr3179ih/xml/BILLS-116hr3179ih.xml 2019-06-10 Referred to the House Committee on Education and Labor. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.