{"database": "press", "table": "releases", "rows": [["https://www.carper.senate.gov/public/index.cfm/pressreleases?ContentRecord_id=E0BDD14E-A031-40C1-AD23-4D359A4D61B5", "Carper, Durbin: Education Department Releases Data Showing Many For-Profit Colleges Receive More Than 90 Percent Of Revenue From Federal Taxpayers", "2016-12-22", "2016", "2016-12", "Democrat", "House", "DE", "Thomas Carper", "C000174", "www.carper.senate.gov", null, null, "legacy", "WASHINGTON \u2013 U.S. Senators Tom Carper (D-Del.) and Dick Durbin (D-Ill.) issued the following statement after the\u00a0Department of Education (ED)\u00a0released data providing\u00a0a more accurate picture of for-profit colleges\u2019 dependence on federal funding by counting\u00a0Department of Veterans Affairs\u00a0GI Bill and Department of Defense Tuition\u00a0Assistance funding. The current federal \u201c90/10 rule\u201d\u00a0bars for-profit colleges and universities from deriving more than 90% of their revenue from the Department of Education\u2019s student aid programs\u00a0but\u00a0does not include these additional federal sources, encouraging for-profit colleges to target veterans and members of the military. The\u00a0data was\u00a0released in response to a request by Sens. Carper and Durbin \u2013 along with 18 other Democratic Senators \u2013 for public data on how much for-profit colleges actually receive from American taxpayers. Sens. Carper and Durbin were joined by 29 Senators in sending a similar letter to the Department in June.\r\n\u201cNot all for-profit schools are bad actors, but all for-profit schools should demonstrate their financial well-being by securing at least 10 percent of their income from non-federal sources. We now have a crystal clear picture of which for-profit colleges are avoiding this requirement by exploiting the 90/10 loophole and relying too heavily on taxpayers,\u201d\u00a0said Senator Carper.\u00a0\"Unfortunately, for many students who attended the schools that have closed in the last year, including ITT Tech, the data released today comes much too late. The 90/10 loophole has also led to the disproportionate harm of our nation\u2019s veterans, servicemembers, and their families. They deserve to be treated as more than \u2018dollar signs in uniform\u2019 as Holly Petraeus said. They deserve to attain a high-quality education and meaningful degrees. Congress must finally close this dangerous loophole to protect veterans, servicemembers and taxpayer dollars.\u201d\r\n\u201cThe\u00a0data released\u00a0today by the Education Department confirms what we already knew: for-profit colleges\u00a0are some of the most highly-subsidized companies in America; many receive nearly all of their revenue\u00a0straight from federal taxpayers.\u00a0The current 90/10 rule, with its failure to include GI\u00a0Bill and Defense\u00a0Tuition\u00a0Assistance\u00a0makes our nation\u2019s servicemembers and veterans an attractive target for predatory for-profit colleges,\u201d said Senator Durbin. \u201cToday\u2019s data should encourage Congress to close this loophole and reduce the amount of revenue these so-called private sector companies receive from taxpayers.\u201d\r\nData released today shows seventeen for-profit colleges currently derive more than 90% of their total annual revenue from Title IV federal student aid. If GI Bill and Defense Tuition Assistance are considered, the number of for-profits in violation of the 90/10 rule jumps to nearly 200. The Department of Education found that if the 90% threshold was rolled back to its original 85%, 563 schools could not comply with the new rule.\r\nLast year, Sens. Carper and Durbin introduced\u00a0the\u00a0Military and Veterans Education Protection Act of 2015\u00a0to\u00a0close the 90/10 loophole by counting DoD and VA education funds in the calculation of federal revenue for purposes of the 90/10 rule. In addition, Durbin is the author of the Protecting Our Students and Taxpayers (POST) Act to include these other federal funding sources and reduce the amount of allowable federal revenue from 90% to 85%.", 1, "2026-03-30T12:14:52Z", "2026-03-30T12:14:52Z"]], "columns": ["url", "title", "date", "year", "month", "party", "chamber", "state", "member_name", "bioguide_id", "domain", "scraper", "source", "date_source", "text", "has_text", "collected_at", "updated_at"], "primary_keys": ["url"], "primary_key_values": ["https://www.carper.senate.gov/public/index.cfm/pressreleases?ContentRecord_id=E0BDD14E-A031-40C1-AD23-4D359A4D61B5"], "units": {}, "query_ms": 2.492627827450633, "source": "dwillis/congress-press", "source_url": "https://github.com/dwillis/congress-press", "license": "MIT", "license_url": "https://github.com/dwillis/congress-press/blob/main/LICENSE"}