Sec. 3. Competency-based education council
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Not later than 6 months after the date of enactment of this Act, there shall be established the Competency-Based Education Council (referred to in this section as the Council ). The Council shall be composed of— 3 individuals appointed by the Secretary of Education; 2 individuals appointed by the Director of the Bureau of Consumer Financial Protection; not less than 8 and not more than 13 individuals appointed by the Comptroller General of the United States, representing— experts in competency-based education; faculty members in competency-based education programs; administrators at institutions that offer competency-based education programs; individuals currently enrolled in or graduated from a competency-based education program; accrediting agencies or associations that recognize competency-based education programs; experts from State educational agencies; and business and industry representatives; 4 members appointed by— the majority leader of the Senate; the minority leader of the Senate; the Speaker of the House of Representatives; and the minority leader of the House of Representatives.
The Council shall select a Chairperson from among its members. Any vacancy in the Council shall not affect the powers of the Council and shall be filled in the same manner as an initial appointment. The Council shall hold, at the call of the Chairperson, not less than 6 meetings before completing the study required under subsection
(e)and the report required under subsection (f). Each member of the Council shall serve without compensation in addition to any such compensation received for the member’s service as an officer or employee of the United States, if applicable. The members of the Council shall be allowed travel expenses, including per diem in lieu of subsistence, at rates authorized for employees of agencies under subchapter 1 of chapter 57 of title 5, United States Code, while away from their homes or regular places of business in the performance of services for the Council. The Council shall conduct a study on the ongoing innovation and development of competency-based education programs. Based on the findings of the study under paragraph (1), and the annual evaluations of the demonstration projects under section 486B of the Higher Education Act of 1965, the Council shall develop recommendations for the authorization of competency-based education under the Higher Education Act of 1965, including recommendations that— provide or update standard definitions, if needed, for relevant terms, including— competency-based education; competency-based education program; including quality indicators, that include appropriate student outcome metrics, for such programs; and any other relevant definitions agreed upon; and address— the amount of learning in a competency unit; the transfer of competency-based education credits to other institutions or programs; the minimum amount of time in an academic year for competency-based education programs, for financial aid purposes; considerations for accreditation agencies before recognizing competency-based education programs; address the role of faculty and faculty involvement in competency-based education programs; additional resources that may be needed for adequate oversight of competency-based education programs; and the responsiveness of competencies to the labor market and employers. Not later than 2 years after the date of enactment of this Act, and biennially thereafter until the final report is submitted under paragraph (2), the Council shall prepare and submit to the Secretary of Education and Congress and make available to the public a report that provides ongoing feedback to the annual evaluations of the demonstration projects under section 486B(g)(2) of the Higher Education Act of 1965, including a discussion of implementation challenges programs face, and the items listed in subsection (e)(2)(B). Not later than 6 years after the date of enactment of this Act, the Council shall prepare and submit to the Secretary of Education and Congress and make available to the public a report containing the findings of the study under subsection (e)(1) and the recommendations developed under subsection (e)(2).