Veterans’ groups are pushing for Republicans to drop an under-the-radar provision in the GOP megabill eliminating a Biden administration rule aimed at preventing for-profit colleges from targeting veterans.
The policy, included in the House Education and Workforce portion of the package, would end a requirement that such colleges get no more than 90 percent of their revenue from federal financial aid, including veterans’ benefits. Committee Republicans have argued the Biden-era rule targets “one sector of higher education [instead] of creating a sector-neutral accountability plan.”
The Congressional Budget Office estimates repealing the rule would cost $1.6 billion over a decade. Allison Jaslow, CEO of Iraq and Afghanistan Veterans of America, called it a “big handout to for-profit higher education institutions.”
Read the full article at Politico here.