This bill, titled the "Promoting Access and Revenue Integrity Through Institutional Transparency Act" (PARITY Act), would repeal the 90/10 rule as it applies to proprietary schools under Title IV of the Higher Education Act of 1965. The text amends section 487 of that Act by removing paragraph (24) from subsection (a) and by repealing subsection (d). The bill was introduced on July 2, 2026, by Representatives Mark Harris, Glenn Grothman, Mark Messmer, and Randy Fine and was referred to the House Committee on Education and Workforce.
The bill would remove a statutory requirement called the 90/10 rule for proprietary (for-profit) schools that are covered by Title IV. No publicly available information explains dates of effect, how the change would be implemented, or direct effects on students, institutions, or federal student aid in the bill text or metadata provided.
No publicly available information on projected costs, savings, or budgetary effects is included in the provided bill text or metadata.
The bill’s short title is "Promoting Access and Revenue Integrity Through Institutional Transparency Act," which indicates how sponsors characterize the proposal. No other publicly available statements from proponents or detailed legislative findings are included in the provided material.
No publicly available information about opponents' views or formal objections is included in the provided bill text or metadata.