House bill introduced to change how proprietary schools use federal student aid
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Table of Contents
Representative [Name not provided in text] introduced a bill in the House that would repeal the “90/10 rule” for proprietary schools.
Why it matters: If passed, this change would allow for-profit colleges to rely more heavily on federal student aid to fund their operations without hitting the current revenue cap.
Who it affects
- Proprietary (for-profit) colleges
This information comes from Congress.gov regarding a House bill; check the official text before relying on it.
Agency: House
Source: Congress.gov — read the official document