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HR 6407 112th Congress House

College Student Rebate Act of 2012

Official title: To ensure that students and taxpayers receive the full value of their education investments.

Introduced: September 13, 2012 See on congress.gov
Education Corporate finance and managementEducation programs fundingHigher educationInterest, dividends, interest rates
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Marketing and advertisingPublic participation and lobbyingSchool administrationStudent aid and college costsWages and earnings
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This bill died when the 112th Congress ended
It never became law before the 112th Congress (2011–2012) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 13, 2012
Referred to the House Committee on Education and the Workforce.
Sep 13, 2012
Introduced in House
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 Latest action September 13, 2012

Referred to the House Committee on Education and the Workforce.

 Plain-English summary Congressional Research Service

College Student Rebate Act of 2012 - Amends the Higher Education Act of 1965 to require proprietary institutions of higher education that participate in title IV (Student Assistance) programs to: (1) spend at least 80% of their revenue each fiscal year on educational and related expenses, or (2) rebate to students the shortfall between what they spend for educational and related expenses and 80% of their revenue.

Directs the Secretary of Education to define "educational and related expenses," but excludes revenue spent for advertising and promotion, recruiting, lobbying, shareholder payments, and excessive administrative costs (including excessive executive compensation).

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
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APA
U.S. Congress. (2026). H.R. 6407: College Student Rebate Act of 2012. 112th Congress. Open America. https://openamerica.io/bill/112-HR-6407/
MLA
"H.R. 6407: College Student Rebate Act of 2012." 112th Congress, 2026, Open America, https://openamerica.io/bill/112-HR-6407/.
Bluebook (legal)
H.R. 6407, 112th Cong. (2026), https://openamerica.io/bill/112-HR-6407/.
Markdown link
[H.R. 6407: College Student Rebate Act of 2012](https://openamerica.io/bill/112-HR-6407/)
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