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HR 2743 115th Congress House Education Education programs funding Higher education

85/15 Rule Act

Introduced: May 25, 2017 Introduced by: Waters, Maxine Democratic · California See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 25, 2017
Referred to the House Committee on Education and the Workforce.
May 25, 2017
Introduced in House
 Plain-English summary Congressional Research Service

85/15 Rule Act

This bill amends title IV (Student Assistance) of the Higher Education Act of 1965 to require proprietary institutions of higher education to derive at least 15% (currently 10%) of their revenue from non-federal sources or risk becoming ineligible for title IV funding.

What's happening now May 25, 2017

Referred to the House Committee on Education and the Workforce.

 Committees of jurisdiction 1