To substitute evaluations of educational quality for cohort default rates in eligibility determinations for proprietary institutions of higher education under Federal student assistance programs.
Educational Quality Index Act of 1994 - Amends the Higher Education Act of 1965 to substitute evaluations of educational quality for cohort default rates in eligibility determinations for proprietary institutions of higher education under the Federal student loan insurance program of the Federal Family Education Loan Program (guaranteed student loans).
Revises program integrity reviews provisions to include such educational quality index for proprietary institutions.
Introduced in House
Introduced in House
Referred to the House Committee on Education and Labor.
Referred to the Subcommittee on Postsecondary Education and Training.
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