For-Profit College Conversion Accountability Act
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For-Profit College Conversion Accountability Act
This bill establishes certain criteria that an institution of higher education (IHE) must meet to be eligible for conversion from a for-profit IHE to a nonprofit IHE.
An IHE seeking conversion must submit an application to the Department of Education (ED). The application must demonstrate, among other requirements, that the IHE is operated by one or more nonprofit corporations or associations. Before approving the conversion, ED must publish the application in the Federal Register for notice and comment. Upon approval, the IHE must be regulated as a for-profit IHE for a five-year transition period.
ED must also establish an office to carry out the requirements of this bill.
Referred to the House Committee on Education and Labor.
- Introduced in House Formatted Text PDF Formatted XML
Cite this page
U.S. Congress. (2026). H.R. 2700: For-Profit College Conversion Accountability Act. 117th Congress. Open America. https://openamerica.io/bill/117-HR-2700/
"H.R. 2700: For-Profit College Conversion Accountability Act." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-HR-2700/.
H.R. 2700, 117th Cong. (2026), https://openamerica.io/bill/117-HR-2700/.
[H.R. 2700: For-Profit College Conversion Accountability Act](https://openamerica.io/bill/117-HR-2700/)