Code · BILL · 116th Congress · H.R. 4662 (Introduced in House) — To amend the Higher Education Act of 1965 to require that institutions of higher education maintain certain adjusted... · Sec. 7

Sec. 7. Adjusted cohort default rate

72 words·~1 min read·/bill/116/hr/4662/ih/section-7

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Section 487(a)(14) of the Higher Education Act of 1965 is amended by adding at the end the following: Beginning on the date on which the final adjusted cohort default rates are published by the Secretary for fiscal year 2018 under section 435(m), subparagraph

(C)shall be applied by substituting adjusted cohort default rate in excess of 5 percent for cohort default rate in excess of 10 percent each place it appears. .