H.R. 9580, For-Profit Education Deregulation. Quorum's AI analysis reads it as a net cost — and names who bears it.
H.R. 9580 · Net cost
What it does
This bill repeals the '90/10 rule' that currently requires proprietary (for-profit) schools to derive at least 10% of their revenue from non-federal sources—meaning no more than 90% can come from federal student aid. Repealing this rule would allow for-profit schools to become entirely dependent on federal student loans and grants, removing a financial accountability mechanism designed to ensure these schools have skin in the game.
The analysis names for-profit education companies — and 2 more groups — among the beneficiaries.
The cost
Removes institutional financial accountability: for-profit schools will have zero financial stake in student outcomes, eliminating a key incentive to maintain program quality or ensure employability.
The analysis put a high warning level on this bill. Transparency scores 85%, and the analysis found no provisions unrelated to the bill's subject.
Who is behind it
Filed by Mark Harris. Cosponsored by Glenn Grothman, Mark Messmer and Randy Fine.
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