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119-hr-9580Committee
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To repeal the 90/10 rule as it pertains to proprietary schools under title IV of the Higher Education Act of 1965.

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Summary

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Based on the bill's title, this legislation would repeal the 90/10 rule as it applies to proprietary (for-profit) schools under the federal student aid program. The 90/10 rule currently requires that proprietary schools derive at least 10 percent of their revenue from sources other than federal student aid; this bill would eliminate that requirement for those institutions.

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