• About Us
    • Join CAPPS Email List
    • What is Private Postsecondary Education
    • About ICEPAC
  • News
    • Legislation / Advocacy
  • Events
    • Allied Member Vendor Showcase ~ Presenter Contact Information
    • CAPPS Legislative Policy Conference April 22-23, 2021
    • 2021 CAPPS Sponsorship Opportunities
    • 37th Annual Conference
    • Educational Advisors ~ Event Calendar
  • Resources
    • Classifieds
    • Professional Online Training Center
    • State and Federal Resources
    • Accreditors
    • Boards
    • Associations
  • CAPPS Member Portal & Archives
    • CAPPS Membership Directory
    • Conference Archives
    • Member Only Webinar
    • Webinar Archives
    • Workshop Archives
    • CAPPS Member Portal
      • CAPPS Legislative Watch
      • BPPE Sunset Report
    • Featured Members
    • Select Allied or School Benefits – Why be a CAPPS Member?
      • School Membership Application & Renewal Form
      • Allied Membership Application & Renewal Form
  • Awards
    • CAPPS Memorial Scholarships
    • Excellence in Community Service Awards
    • CAPPS Hall of Fame STAR Awards
    • Norma Ford Financial Aid Professional of the Year
    • School of the Year
    • Allied Member of the Year
California Association of Private Postsecondary Schools                        
916-447-5500
Email
        Login
CAPPS
  • About Us
    • Join CAPPS Email List
    • What is Private Postsecondary Education
    • About ICEPAC
  • News
    • Legislation / Advocacy
  • Events
    • Allied Member Vendor Showcase ~ Presenter Contact Information
    • CAPPS Legislative Policy Conference April 22-23, 2021
    • 2021 CAPPS Sponsorship Opportunities
    • 37th Annual Conference
    • Educational Advisors ~ Event Calendar
  • Resources
    • Classifieds
    • Professional Online Training Center
    • State and Federal Resources
    • Accreditors
    • Boards
    • Associations
  • CAPPS Member Portal & Archives
    • CAPPS Membership Directory
    • Conference Archives
    • Member Only Webinar
    • Webinar Archives
    • Workshop Archives
    • CAPPS Member Portal
      • CAPPS Legislative Watch
      • BPPE Sunset Report
    • Featured Members
    • Select Allied or School Benefits – Why be a CAPPS Member?
      • School Membership Application & Renewal Form
      • Allied Membership Application & Renewal Form
  • Awards
    • CAPPS Memorial Scholarships
    • Excellence in Community Service Awards
    • CAPPS Hall of Fame STAR Awards
    • Norma Ford Financial Aid Professional of the Year
    • School of the Year
    • Allied Member of the Year

News

  • Home
  • News
  • Congress is deciding the future of the 90/10 rule. Here’s what you need to know.

Congress is deciding the future of the 90/10 rule. Here’s what you need to know.

  • Posted by CAPPS
  • Date

Higher Ed Dive 

Natalie Schwartz
February 24, 2021
The relief package lawmakers are considering includes a measure that would further restrain how much federal aid for-profit colleges can receive.
Tucked away in Congressional Democrats’ coronavirus relief proposal is a measure that would shake up the for-profit college industry.
They’re hoping to change the 90/10 rule, which bars for-profit schools from receiving more than 90% of their revenue from Title IV federal student aid.
For-profit colleges self-report to the U.S. Department of Education about whether they meet the rule’s requirements. If they fail for two consecutive fiscal years, they lose access to federal student aid for at least the next two years.
Military education benefits such as from the GI Bill don’t count toward that calculation, however. In recent years, for-profits have been targeting student veterans for enrollment and receiving an outsized share of GI Bill benefits.
New America, a left-leaning think tank, is one of the groups pressing the Biden administration to count all forms of federal aid in the 90% calculation. Under the current law, for-profits can maintain the required ratio of Title IV aid and other revenue sources by recruiting veterans, said Clare McCann, deputy director for federal higher education policy at New America.

CONTINUE READING

  • Share:
author avatar
CAPPS

Previous post

Senate confirms Miguel Cardona as Education Secretary

Next post

NACIQI Recommendation to SDO

You may also like

NASFAA
Senate to Vote on Kvaal Nomination Following Hearing
16 April, 2021
thechronicle
The Cost of Insuring Colleges Continues to Rise. And Covid’s Not the Reason.
16 April, 2021
Inside Higher Ed
Plunging Numbers, Rising Worries
16 April, 2021

Search

Memorial Scholarship Information
Donate to ICEPAC
Become an Allied Member
Become a School Member
CAPPS Events

ABOUT US

  • What is Private Postsecondary Education
  • CAPPS Memorial Scholarships
  • Upcoming Conferences

MAILING ADDRESS:
California Association of
Private Postsecondary Schools
2520 Venture Oaks, Suite 170
Sacramento, CA  95833
info@cappsonline.org
www.cappsonline.org    

CappsOnlineMorpho Web Design.

2020 All Rights Reserved CappsOnline.org