arrow_back Back to App

Protecting Students and Taxpayers: New Funding Rules for For-Profit Colleges

This act changes how for-profit colleges are funded to better protect students and taxpayer money. It introduces new requirements for how much revenue these schools must get from sources other than federal student aid, aiming to reduce abuse and ensure better educational quality.
Key points
For-profit colleges must now get at least 15% of their revenue from sources other than federal education assistance funds, meaning they cannot rely solely on government money.
The act clarifies which types of revenue count towards this 15%, excluding, for example, most loans made by the schools themselves to students.
If a school fails to meet these requirements, it will lose eligibility for federal student aid for at least two years, protecting students from low-quality institutions.
New rules are introduced for scholarships and income share agreements to ensure transparency and fairness for students.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_HR_4026
Sponsor: Rep. Cohen, Steve [D-TN-9]
Process start date: 2025-06-17
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

POST Act of 2025

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_HR_4026.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2025-06-17.

What are the main provisions?

Key points include:

  • For-profit colleges must now get at least 15% of their revenue from sources other than federal education assistance funds, meaning they cannot rely solely on government money.
  • The act clarifies which types of revenue count towards this 15%, excluding, for example, most loans made by the schools themselves to students.
  • If a school fails to meet these requirements, it will lose eligibility for federal student aid for at least two years, protecting students from low-quality institutions.
  • New rules are introduced for scholarships and income share agreements to ensure transparency and fairness for students.
What is the specific legal status?

The current status is Introduced.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Cohen, Steve [D-TN-9].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Education and Workforce.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-22.

CATEGORIES

Education