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ERIC Number: ED540082
Record Type: Non-Journal
Publication Date: 2012-Nov-9
Pages: 3
Abstractor: ERIC
Reference Count: 0
ISBN: N/A
ISSN: N/A
Q&A on the For-Profit College "90-10 Rule"
Project on Student Debt
The "90-10" Rule is a federal law barring for-profit colleges from receiving more than 90% of their revenues from Department of Education federal student aid. It is modeled on the Department of Veterans Affairs' long-standing "85-15" Rule, which prohibits more than 85% of a program's students from receiving VA funding. It prevents for-profit colleges from being funded solely by federal taxpayers. If a college offers a quality education at a competitive price, someone other than the federal government will be willing to pay for it. This paper offers information on the for-profit college "90-10 Rule". (Contains 7 endnotes.)
Project on Student Debt. Available from Institute for College Access & Success, 405 14th Street 11th Floor, Oakland, CA 94612. Tel: 5110-559-9509; Fax: 510-845-4112; e-mail: admin@ticas.org; Web site: http://www.projectonstudentdebt.org
Publication Type: Reports - Descriptive
Education Level: Higher Education; Two Year Colleges
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: Institute for College Access & Success, Project on Student Debt