Post-9/11 GI Bill Decision Memorandum

Post-9/11 GI Bill;For-Profit Colleges;Public Management

Kim, Jason I.

Johns Hopkins University

关键词: Post-9/11 GI Bill;    For-Profit Colleges;    Public Management;   

Others  :  https://jscholarship.library.jhu.edu/bitstream/handle/1774.2/39411/KIM-CAPSTONE-2015.pdf?sequence=1&isAllowed=y

瑞士|英语

来源: JOHNS HOPKINS DSpace Repository

【 摘 要 】

For-profit colleges are aggressively targeting veterans and their Post-9/11 GI Bill benefits to maximize profits.At the expense of taxpayers’ dollars, tuition costs are high and the quality of education is questionable.Publicly traded companies run these for-profit colleges, where the goal of maximizing profits competes with their decision to invest in education quality.The ;;90/10 rule” in the Higher Education Act (HEA) required for-profit colleges to obtain at least 10% of their revenue from sources other than the government.The current Post-9/11 GI Bill contains a critical loophole in the law where GI Bill benefits do not count as federal revenue under the rule. This decision memorandum argues that Congress needs to amend the ;;90/10 rule” to count Post-9/11 GI Bill funding as federal funding and to tighten the current ;;90/10 rule” to ;;85/15 rule.”These changes will de-incentivize for-profit colleges from aggressively targeting veterans.