S. 994
Introduced in Senate · April 1, 2025March 12, 2025
Mr. Durbin (for himself, Ms. Warren, and Mr. Merkley) introduced the following bill; which was read twice and referred to the Committee on Health, Education, Labor, and Pensions
A BILL
To provide for accountability in higher education.
1. Short title; 2. Table of contents; 3. References; TITLE I—STUDENT AND TAXPAYER PROTECTIONS; 101. Gainful employment and financial value transparency; 102. Borrower defense and substantial misrepresentations; 103. Closed school discharge; 104. Prohibition on institutions limiting student legal action; 105. Incentive compensation; TITLE II—ENSURING INTEGRITY AT INSTITUTIONS OF HIGHER EDUCATION AND INSTITUTIONAL CONTRACTORS; 201. Updating Federal oversight of third-party servicers; 202. Job placement rates; 203. Allocation of tuition and fee revenue by title IV institutions; 204. Past performance; 205. Recoupment; TITLE III—IMPROVING OVERSIGHT; 301. Enforcement in the Office of Federal Student Aid; 302. For-Profit Education Oversight Coordination Committee; 303. Establishment and maintenance of complaint resolution and tracking system; 304. Reforms to eligibility and certification procedures; 305. State oversight; 306. Accrediting agency oversight; 307. Mandatory spending for administrative costs of operating the student aid programs; TITLE IV—IMPROVING ACCESS TO STUDENT AND TAXPAYER INFORMATION; 401. Reporting and disclosures from institutions of higher education; 402. Transparency of oversight activities
Complaint tracking system
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,