,i  #aafth ,,congress  #ast ,session    
,h4 ,r4 #dbjf  ,,in ,,the ,,house ,,of  
,,representatives  ,august #bc1         
#bjai,mr4 ,takano 7for himself and ,ms4 
,shalala7 introduced the following bill2
 which was referred to the ,committee on
 ,education and ,labor  ,a ,,bill  ,to  
amend the ,higher ,education ,act of    
#aife to include requirements for       
programs of training to prepare students
 for gainful employment in a recognized 
occupation4  #a4 ,short title ,this ,act
 may be cited as the ,student and       
,taxpayer ,protection ,act4  #b4        
,gainful employment programs ,part ,a of
 title ,i of the ,higher ,education ,act
 of #aife 7#bj ,u4,s4,c4 #ajja et seq47 
is amended by adding at the end the     
following3  #ajd4 ,program of training  
to prepare students for gainful         
employment in a recognized occupation   
7a7 ,gainful employment program defined 
,in this ,act 7including for purposes of
 sections #aja and #ajb71 the term      
program of training to prepare students 

for gainful employment in a recognized  
occupation 7in this section referred to 
as training program7 means a training   
program that-- 7#a7 is in compliance    
with the performance metrics 7including 
the eligibility thresholds for each such
 metric7 established under subsection   
7b77#a72  7#b7 is in compliance with the
 notice requirements under subsection   
7b77#a77;,c77i77,,ii72  7#c7 is         
otherwise eligible to receive funds     
under title ,,iv2 and  7#d7 is not a    
training program that is substantially  
similar to a training program which1    
during a period determined by the       
,secretary1 did not meet one or more of 
the performance metrics 7such as an     
eligibility threshold7 described in     
paragraph 7#a74  7b7 ,secretarial       
requirements  7#a7 ,establishment of    
requirements  7,a7 ,in general ,not     
later than #ah months after the date of 
enactment of the ,student and ,taxpayer 
,protection ,act1 the ,secretary shall  
establish requirements for training     

programs to be eligible training        
programs for purposes of receiving funds
 under title ,,iv1 which shall include--
  7i7 establishing performance metrics  
7including eligibility thresholds for   
each such metric7 described in          
subparagraph 7,b72 and  7ii7 developing 
a disclosure template and a verification
 process for disclosures described in   
subparagraph 7,c74  7,b7 ,performance   
metrics  7i7 ,in general ,in            
establishing the performance metrics    
under subparagraph 7,a77i71 the         
,secretary shall1 at a minimum1         
establish the requirements for a        
debt-to-earnings rate that serves the   
best interests of students and          
taxpayers1 which shall include--  7,i7 a
 methodology for calculating such       
debt-to-earnings rate for a training    
program1 including-- 7aa7 a definition  
of the cohort of individuals on whom    
such rate shall be based1 who shall be  
selected from the individuals who were  
enrolled in such training program       

7without regard to whether the          
individuals received a loan for such    
enrollment72  7bb7 a determination of   
the debt amount for such rate based on  
the median annual loan payment for the  
loans made under title ,,iv and the     
private education loans received for    
such enrollment by such cohort2 and     
7cc7 a determination of the earnings    
amount for such rate based on the mean  
or median of the actual1 student-level  
annual earnings for such cohort2  7,,ii7
 establishing a process 7such as an     
appeals process7 to authorize training  
programs to use alternate earnings in   
lieu of the mean or median of the       
actual1 student-level annual earnings of
 a cohort2 and  7,,iii7 establishing a  
threshold rate that each training       
program shall meet to be eligible to    
receive funds under title ,,iv4  7ii7   
,earnings data ,in determining the mean 
or median of the actual1 student-level  
annual earnings for purposes of this    
subparagraph1 the ,secretary shall      

obtain and use the most currently       
available ,federal data on such         
earnings4  7,c7 ,disclosure template    
,the ,secretary shall develop-- 7i7 a   
disclosure template that--  7,i7 is     
consumer tested2 and  7,,ii7 is used by 
each training program to provide        
enrolled and prospective students       
7including through publication on the   
website of the program7--  7aa7 on an   
annual basis1 student outcome           
information for such program 7including 
the debt-to-earnings rate and whether   
the eligibility threshold for any other 
performance metric established under    
subparagraph 7,a77i7 has been met72 and 
7bb7 in a case in which the training    
program receives a notice of            
determination under paragraph 7#b77;,b7 
that the program may be ineligible for  
funds under title ,,iv1 or may receive  
other sanctions1 not later than #cj days
 after receipt of such notice1 an       
explanation of such notice of           
determination2 and  7ii7 a process to   

annually verify that each training      
program is providing the disclosures    
required under clause 7i77,,ii74  7#b7  
,enforcement of requirements ,not later 
than #b years after the ,secretary      
establishes requirements under paragraph
 7#a71 and annually thereafter1 the     
,secretary shall1 with respect to each  
training program--  7,a7 calculate the  
debt-to-earnings rate and assess        
performance with respect to any other   
metric established under paragraph      
7#a77;,a77i7 for the preceding award    
year1 and make such information publicly
 available on the website of the        
,department of ,education2  7,b7 issue a
 notice of determination on whether the 
program is meeting the requirements     
established by the ,secretary1 including
 whether the program shall be subject to
 sanctions 7such as loss of eligibility 
under title ,,iv72 and  7,c7 enforce the
 applicable sanctions4  4