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Ed Dept brokered 90/10 rule changes
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(04-03-2022, 07:15 PM)LevelUP Wrote: The largest alteration to the 90/10 rule reflects a recent change in federal law. Currently, for-profit colleges are allowed to include military education benefits, such as the GI Bill, in the 10% calculation, which has led some institutions to aggressively recruit veterans. But Congress passed a law last year forcing colleges to include all federal education funds on the 90% side, starting in 2023.

I'm wary of putting some arbitrary limit on financial aid schools can receive. This seems like this would affect colleges that serve low-income and minority students.

The article doesn't make it clear, but the 90/10 rule has always applied only to for-profit schools. It used to be the 85/15 rule (Higher Education Amendments of 1992).
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RE: Ed Dept brokered 90/10 rule changes - by carrythenothing - 04-03-2022, 07:21 PM

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