Latest Action
Referred to the House Committee on Education and the Workforce.
5/25/2017 • House
Summary
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.
Introduced in House • 5/25/2017
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Bill Journey
Originated in the House
Introduced
May 25, 2017
Referred to the House Committee on Education and the Workforce.
Committee Review
Floor Debate
Passed Chamber
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Enacted into Law
Text Versions (1)
Introduced in House5/25/2017