To amend the Higher Education Act of 1965 to include court-ordered receivership in the list of actions resulting in a change of ownership of institutions of higher education.
About This Bill
Committee
Latest Action · May 11, 2022
Referred to the House Committee on Education and Labor.
Student Protection Act
This bill expands the list of actions that may result in the change of control of an institution of higher education (IHE) to include a court-ordered receivership.
Such changes of control disqualify an IHE from participating in federal student-aid programs unless the IHE establishes that it meets specific requirements following the change of control.
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