Home News Republican leader backs restrictions that could end for-profit colleges’ aggressive recruitment of veterans – The Washington Post

Republican leader backs restrictions that could end for-profit colleges’ aggressive recruitment of veterans – The Washington Post

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In an unexpected move, Alexander’s decision, which comes after years of opposition on his part, arrives a week after Sens. Thomas R. Carper (D-Del.), James Lankford (R-Okla.), Bill Cassidy (R-La.) and Jon Tester (D-Mont.) introduced legislation to close a loophole in the 90/10 rule, which prohibits for-profit colleges from getting more than 90 percent of their operating revenue from federal student-aid funding.

Military and veterans’ education benefits do not count toward that threshold despite being federal aid. As a result, some veterans groups say for-profit colleges aggressively recruit military members. About 30 percent of GI Bill tuition benefits went to for-profit schools in 2017, according to the Government Accountability Office.

The legislation, dubbed the Protect VETS Act, would end the exemption and impose penalties for violating the revenue rule. Schools that flout the caps for a year would be barred from enrolling new military students using Department of Defense education benefits, while those who break the law for three years could lose access to all federal financial-aid funding.

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