Bill would let for-profit colleges use only federal student loans.
H.R. 9580 — PARITY Act · Filed by Mark Harris (R-NC) · 3 cosponsors · Introduced Jul 2, 2026 · Referred to committee
Your members of Congress
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What it does
The bill removes the 90/10 rule. This rule requires for-profit schools to get at least 10% of money from non-federal sources. Federal student aid can now pay for all of a school's costs. Before, federal aid could pay for no more than 90%.
Who it affects
Students at for-profit schools would be affected. Many are low-income and first-generation college students. Taxpayers would also be affected, since they fund federal student aid.
One thing to notice
The 90/10 rule required schools to have their own money at stake. Without this rule, schools lose financial reason to help students finish or find jobs.
From the analysis of the bill text, linked under Primary records below.
Where it stands
3 cosponsors: 3 Republicans.
- Jul 2, 2026 — Introduced · Congress.gov: “Introduced in House”
- Jul 2, 2026 — Referred to House Committee on Education and Workforce · Congress.gov: “Referred to the House Committee on Education and Workforce”
Dates and quoted wording are Congress.gov's action record; the timeline shows status changes, not every procedural step.
Money around this bill
1 groups reported lobbying about this bill. They filed 1 reports from Jun 2026 to Jun 2026.
Those reports show $100,000 in lobbying spending. Each report lists about 17 bills. So that money was not all for this bill.
More groups named this bill than 0% of bills with any report.
Mark Harris, who sponsored the bill, received $180,005 from PACs for the 2026 election.
- Career Education Colleges & Universities (fka Ass'n of Private Sector Colleges a — $100,000 in 1 report
Lobbying is legal. These reports show who lobbied about this bill, not what changed.
Words to know
- for-profit schools — Schools run as businesses to make money, not public or nonprofit schools.
- federal student aid — Money from the U.S. government to help students pay for college.
- 90/10 rule — A rule that says for-profit schools can get no more than 90% of money from federal student aid.
- lobbying — Trying to influence lawmakers about a bill. Companies and groups pay people to do this.
- PACs — Groups that collect money and give it to candidates for office.
- sponsored — To sponsor a bill is to introduce it in Congress and put your name on it.
How this was measured
Analysis — Quorum's AI read the bill text published by Congress.gov (308 characters) on Aug 12, 2026. Section numbers in the findings refer to that text, linked below; transparency and hidden-provision scores are compared against the median of 14,206 analysed bills.
Status and sponsors — Congress.gov's bill record — actions, committee referrals and cosponsors — loaded nightly. The timeline shows status changes, not every procedural action.
Money — Senate Lobbying Disclosure Act filings whose specific-issue field names this bill for quarters ending Jun 2026 to Jun 2026. A filing's amount is reported whole beside the median number of bills a filing names; it is never divided across them. PAC receipts are FEC-reported contributions to the sponsor's candidate committee in the 2026 cycle.
As of — lobbying records through Jul 20, 2026 · page rendered 2026-09-17.
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