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HR9004-118

Introduced

To amend the Higher Education Act of 1965 regarding proprietary institutions of higher education in order to protect students and taxpayers.

118th Congress Introduced Jul 11, 2024

Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.

Summary

What This Bill Does

This bill, To amend the Higher Education Act of 1965 regarding proprietary institutions of higher education in order to protect students and taxpayers., changes federal law or congressional policy affecting schools, students, and education providers. The main policy domain is Education, Finance, Government Operations.

Who Benefits and How

schools, students, and education providers may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.

Who Bears the Burden and How

federal implementing agencies, schools, students, and education providers may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.

Key Provisions

  • Section H51AB9D1A4E0643F2AADF973732C165DE: 1. Short title This Act may be cited as the Protecting Our Students and Taxpayers Act of 2024 or POST Act of 2024.
  • Section HCB0C4436BC1C4D68A395170EF5465EA8: 2. 85/15 rule Section 102(b) of the Higher Education Act of 1965 (20 U.S.C. 1002(b)) is amended— in paragraph (1)— in subparagraph (D), by striking and after...
  • Section H327ECC40E976400A9940248655B44340: 3. Effective date The amendments made by this Act shall take effect on July 1, 2025.

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.

At a Glance

What This Bill Does

This bill, To amend the Higher Education Act of 1965 regarding proprietary institutions of higher education in order to protect students and taxpayers., changes federal law or congressional policy affecting schools, students, and education providers.

Key Policy Areas

Education, Finance, Government Operations

Primary Purpose

This bill, To amend the Higher Education Act of 1965 regarding proprietary institutions of higher education in order to protect students and taxpayers., changes federal law or congressional policy affecting schools, students, and education providers.

Policy Domains

Education Finance Government Operations

Whole bill

Identified Gains
  • schools, students, and education providers
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: ih
schools, students, and education providers: ,
Identified Costs
  • federal implementing agencies
  • schools, students, and education providers
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: ih
federal implementing agencies: ,
schools, students, and education providers: ,

Sponsors

Steve Cohen

Steve Cohen

D-TN | Primary Sponsor

Legislative Progress

Introduced
Introduced Committee Passed
Jul 11, 2024

Mr. Cohen introduced the following bill; which was referred to …

Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Education Finance Government Operations
Actor Mappings
"the_secretary"
→ The Secretary identified in the operative section

Key Definitions

Terms defined in this bill

1 term
"alternative financing agreement" §HCB0C4436BC1C4D68A395170EF5465EA8

a financing agreement between— a student of an institution

We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.

Learn more about our methodology