3.0.0 383 2023-01-11T13:46:33Z 2023-01-11T13:46:33Z Senate S 2021-02-23 117 sshr00 Health, Education, Labor, and Pensions Committee Senate Standing Referred to 2021-02-23T21:09:13Z POST Act of 2021 117 1222 HR 2021-02-23 Referred to the House Committee on Education and Labor. Related bill CRS 2021-02-23 sshr00 Health, Education, Labor, and Pensions Committee Senate Read twice and referred to the Committee on Health, Education, Labor, and Pensions. (text: CR S824) IntroReferral 2021-02-23 Introduced in Senate IntroReferral 10000 9 Library of Congress D000563 Sen. Durbin, Richard J. [D-IL] Richard Durbin D IL J. N R000122 Sen. Reed, Jack [D-RI] John Reed D RI F. 2021-02-23 True B001277 Sen. Blumenthal, Richard [D-CT] Richard Blumenthal D CT 2021-02-23 True B000944 Sen. Brown, Sherrod [D-OH] Sherrod Brown D OH 2021-02-23 True H001076 Sen. Hassan, Margaret Wood [D-NH] Maggie Hassan D NH 2021-02-23 True W000817 Sen. Warren, Elizabeth [D-MA] Elizabeth Warren D MA A. 2021-02-23 True S001194 Sen. Schatz, Brian [D-HI] Brian Schatz D HI 2021-02-23 True C000174 Sen. Carper, Thomas R. [D-DE] Thomas Carper D DE R. 2021-02-23 True S001203 Sen. Smith, Tina [D-MN] Tina Smith D MN 2021-02-23 True S000033 Sen. Sanders, Bernard [I-VT] Bernard Sanders I VT 2021-02-23 True Education Congressional oversight Education programs funding Higher education Student aid and college costs Veterans' education, employment, rehabilitation Veterans' loans, housing, homeless programs Education 00 2021-02-23 Introduced in Senate 2021-04-02T13:15:53Z Protecting Our Students and Taxpayers Act of 2021 or the POST Act of 2021

This bill requires a for-profit institution of higher education (IHE), in order to participate in federal student-aid programs, to derive at least 15% of its revenue from sources other than federal funds. Current law requires a for-profit IHE to derive at least 10% of its revenue from sources other than federal funds.

The bill also expands the definition of federal funds to include GI education benefits, with an exception for the monthly housing stipend provided under the Post-9/11 Educational Assistance Program.

]]> POST Act of 2021 Display Title POST Act of 2021 Official Title as Introduced A bill to amend the Higher Education Act of 1965 regarding proprietary institutions of higher education in order to protect students and taxpayers. Introduced in Senate IS Short Title(s) as Introduced POST Act of 2021 Introduced in Senate IS Short Title(s) as Introduced Protecting Our Students and Taxpayers Act of 2021 Introduced in Senate IS Introduced in Senate 2021-02-23T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-117s383is/xml/BILLS-117s383is.xml 2021-02-23 Read twice and referred to the Committee on Health, Education, Labor, and Pensions. (text: CR S824) 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.