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

This act changes how for-profit colleges are funded to protect students and taxpayers. These schools must now get at least 15% of their revenue from sources other than federal student aid, aiming to reduce over-reliance on public funds. The changes seek to increase financial accountability and ensure better educational quality.
Key points
For-profit colleges must derive at least 15% of their revenue from non-federal student aid sources.
New rules for calculating revenue are introduced, including restrictions on institutional loans and internal scholarships.
Schools failing to meet these requirements will lose eligibility for federal financial aid for at least two years.
The Department of Education will regularly report to Congress on the revenue sources of for-profit higher education institutions.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_S_2107
Sponsor: Sen. Durbin, Richard J. [D-IL]
Process start date: 2025-06-18
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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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_S_2107.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2025-06-18.

What are the main provisions?

Key points include:

  • For-profit colleges must derive at least 15% of their revenue from non-federal student aid sources.
  • New rules for calculating revenue are introduced, including restrictions on institutional loans and internal scholarships.
  • Schools failing to meet these requirements will lose eligibility for federal financial aid for at least two years.
  • The Department of Education will regularly report to Congress on the revenue sources of for-profit higher education institutions.
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 Sen. Durbin, Richard J. [D-IL].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-23.

CATEGORIES

Education