On the recordMarch 12, 2025
I ask unanimous consent that the text of the bill be printed in the Record. There being no objection, the text of the bill was ordered to be printed in the Record, as follows: S. 994 Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Preventing Risky Operations from Threatening the Education and Career Trajectories of Students Act of 2025'' or the ``PROTECT Students Act of 2025''. SEC. 2. TABLE OF CONTENTS. The table of contents for this Act is as follows: Sec. 1. Short title. Sec. 2. Table of contents. Sec. 3. References. TITLE I--STUDENT AND TAXPAYER PROTECTIONS Sec. 101. Gainful employment and financial value transparency. Sec. 102. Borrower defense and substantial misrepresentations. Sec. 103. Closed school discharge. Sec. 104. Prohibition on institutions limiting student legal action. Sec. 105. Incentive compensation. TITLE II--ENSURING INTEGRITY AT INSTITUTIONS OF HIGHER EDUCATION AND INSTITUTIONAL CONTRACTORS Sec. 201. Updating Federal oversight of third-party servicers. Sec. 202. Job placement rates. Sec. 203. Allocation of tuition and fee revenue by title IV institutions. Sec. 204. Past performance. Sec. 205. Recoupment. TITLE III--IMPROVING OVERSIGHT Sec. 301. Enforcement in the Office of Federal Student Aid. Sec. 302. For-Profit Education Oversight Coordination Committee. Sec. 303.…
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