S.2032: POST Act

About This Bill

Bill Summary

Protecting Our Students and Taxpayers Act or POST Act - Amends title IV (Student Assistance) of the Higher Education Act of 1965 to require proprietary institutions of higher education to derive at least 15% of their revenue from sources other than federal funds or become ineligible for title IV funding. (Currently, the 90/10 rule requires these schools to derive at least 10% of their revenue from sources other than title IV or become...

(Source: Library of Congress)

Bill Actions

Date Description
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Jan. 23, 2012

Introduced in the Senate by Richard J. Durbin (D-Ill.)

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