90/10 Accountability for All Act

Senate Bill 3114 - 90/10 Accountability for All Act: Overview, Status, and Impact

Hozzl · 2022-10-28T01:46:13Z

Explore the details of Senate Bill 3114 90/10 Accountability for All Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Education. Stay informed on legislative developments.

10/28/2022, 1:46 AM

Congressional Summary of S 3114

90/10 Accountability for All Act

This bill expands revenue requirements currently applicable only to proprietary (i.e., for-profit) institutions of higher education (IHEs) to all IHEs.

Under current law, proprietary IHEs may not receive more than 90% of their revenue from federally funded student aid (known as the 90/10 rule). The bill applies this rule to all IHEs.

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Current Status of Bill S 3114

Bill S 3114 is currently in the status of Bill Introduced since December 19, 2019. Bill S 3114 was introduced during Congress 116 and was introduced to the Senate on December 19, 2019. Bill S 3114's most recent activity was Read twice and referred to the Committee on Health, Education, Labor, and Pensions. as of December 19, 2019

Bipartisan Support of Bill S 3114

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill S 3114

Primary Policy Focus

Education

Potential Impact Areas

- Education programs funding

- Higher education

- Student aid and college costs

Alternate Title(s) of Bill S 3114

90/10 Accountability for All Act

A bill to require that all institutions of higher education participating in student financial assistance programs under title IV of the Higher Education Act of 1965 meet certain revenue requirements.