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Ward, James D. – Journal of Student Financial Aid, 2019
The 90/10 rule dictates that no more than 90 percent of institutional revenue at a for-profit college or university (FPCU) can come from Title IV funds. The rule, originally an 85/15 ratio, was introduced in the 1992 amendments to the Higher Education Act and has been debated for 25 years. Proponents argue the rule raises institutional quality by…
Descriptors: For Profit Colleges, Higher Education, Educational Finance, Federal Regulation