,,ii #aagth ,,congress #b;d ,session ,s4 #eaee ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,november #cj 7legislative day1 ,november #bi71 #bjbb,mr4 ,durbin 7for himself1 ,ms4 ,warren1 and ,ms4 ,smith7 introduced the following bill2 which was read twice and referred to the ,committee on ,health1 ,education1 ,labor1 and ,pensions ,a ,,bill ,to establish the ,proprietary ,education ,interagency ,oversight ,coordination ,committee and facilitate the disclosure and reporting of information regarding complaints and investigations related to proprietary institutions of higher education eligible to receive ,federal education assistance4 #a4 ,short title ,this ,act may be cited as the ,proprietary ,education ,interagency ,oversight ,coordination ,improvement ,act4 #b4 ,definitions ,in this ,act3 7#a7 ,accrediting agency ,the term accrediting agency means a private educational association that acts as a reliable authority on the quality of education or training provided by an institution of higher education and is recognized by the ,secretary of ,education under section #dif of the ,higher ,education ,act of #aife 7#bj ,u4,s4,c4 #ajii;b74 7#b7 ,executive officer ,the term executive officer1 with respect to a proprietary institution of higher education that is a publicly traded corporation1 means-- 7,a7 the president of such corporation2 7,b7 a vice president of such corporation who is in charge of a principal business unit1 division1 or function of such corporation1 such as sales1 administration1 or finance2 or 7,c7 any other officer or person who performs a policy making function for such corporation1 including an executive officer of a subsidiary of the corporation if the officer performs a policy making function for the corporation4 7#c7 ,federal education assistance ,the term ,federal education assistance when used with respect to a proprietary institution of higher education1 means ,federal funds that are disbursed or delivered to or on behalf of a student to be used for tuition1 fees1 instruction1 or any component of the student's cost of attendance 7as defined in section #dgb of the ,higher ,education ,act of #aife 7#bj ,u4,s4,c4 #ajhgll77 to attend such institution4 7#d7 ,institutional debt ,the term institutional debt means any debt owed by a student or the parent of a student to an institution of higher education1 including-- 7,a7 debt owed through a private loan program or income share agreement operated by the institution2 7,b7 debt owed from a return of student assistance made1 insured1 or guaranteed under title ,,iv of the ,higher ,education ,act #aife 7#bj ,u4,s4,c4 #ajgj et seq47 to the ,department of ,education2 and 7,c7 debt owed from the student's nonpayment of institutional charges or fees4 7#e7 ,private education loan ,the term private education loan means-- 7,a7 a loan provided by a private educational lender 7as defined in section #adj7;a7 of the ,truth in ,lending ,act 7#ae ,u4,s4,c4 #afej7;a777 that-- 7i7 is not made1 insured1 or guaranteed under title ,,iv of the ,higher ,education ,act of #aife 7#bj ,u4,s4,c4 #ajgj et seq472 7ii7 is issued expressly for postsecondary educational expenses to a borrower1 regardless of whether the loan is provided through the educational institution that the subject student attends or directly to the borrower from the private educational lender 7as so defined72 and 7iii7 is not made1 insured1 or guaranteed under title ,,vii or title ,,viii of the ,public ,health ,service ,act 7#db ,u4,s4,c4 #bib et seq4 and #bif et seq472 and 7,b7 does not include an extension of credit under an open end consumer credit plan1 a reverse mortgage transaction1 a residential mortgage transaction1 or any other loan that is secured by real property or a dwelling4 7#f7 ,proprietary institution of higher education ,the term proprietary institution of higher education has the meaning given the term in section #ajb7;b7 of the ,higher ,education ,act of #aife 7#bj ,u4,s4,c4 #ajjb7;b774 7#g7 ,recruiting and marketing activities 7,a7 ,in general ,except as provided in subparagraph 7,b71 the term recruiting and marketing activities means activities that consist of the following3 7i7 ,advertising and promotion activities1 including paid announcements in newspapers1 magazines1 radio1 television1 billboards1 electronic media1 naming rights1 or any other public medium of communication1 including paying for displays or promotions at job fairs1 military installations1 or college recruiting events1 that are made directly or indirectly to a student1 a prospective student1 the public1 an accrediting agency1 a ,state agency1 or to the ,secretary by an institution of higher education1 one of its representatives1 or any person with whom the institution has an agreement to provide educational programs1 advertising1 or admissions services4 7ii7 ,misleading statement1 misrepresentation1 and substantial misrepresentation 7as defined in section #ffh4ga7;c7 of title #cd1 ,code of ,federal ,regulations1 or any successor regulation74 7iii7 ,efforts to identify and attract prospective students1 either directly or through a contractor or other third party1 including contact concerning a prospective student's potential enrollment or application for a grant1 a loan1 or work assistance under title ,,iv of the ,higher ,education ,act of #aife 7#bj ,u4,s4,c4 #ajgj et seq47 or participation in preadmission or advising activities1 including soliciting an individual to provide contact information to an institution of higher education1 including through websites established for such purpose and funds paid to third parties for such purpose4 7iv7 ,such other activities as the ,secretary of ,education may prescribe1 including paying for promotion or sponsorship of education or military-related associations4 7,b7 ,exceptions ,any activity that is required as a condition of receipt of funds by an institution under title ,,iv of the ,higher ,education ,act of #aife 7#bj ,u4,s4,c4 #ajgj et seq471 is specifically authorized under such title1 or is otherwise specified by the ,secretary of ,education1 shall not be considered to be a recruiting and marketing activity under subparagraph 7,a74 7#h7 ,state approval agency ,the term ,state approval agency means any ,state agency that determines whether an institution of higher education is legally authorized within such ,state to provide a program of education beyond secondary education4 7#i7 ,veterans service organization ,the term veterans service organization means an organization that is-- 7,a7 recognized by the ,secretary of ,veterans ,affairs for the representation of veterans under section #eijb of title #ch1 ,united ,states ,code2 7,b7 congressionally chartered under title #cf1 ,united ,states ,code1 and serves or represents veterans2 7,c7 recognized by the ,secretary of ,veteran ,affairs under section #ad4fbh of title #ch1 ,code of ,federal ,regulations 7or a successor regulation71 as a national organization1 ,state organization1 tribal organization1 or regional or local organization2 or 7,d7 an organization that has a record of demonstrating expertise in1 assists in1 or serves the interests of veterans in education4 #c4 ,establishment of committee 7a7 ,establishment ,there is established a committee to be known as the ,proprietary ,education ,interagency ,oversight ,coordination ,committee 7referred to in this ,act as the ,committee7 and to be composed of the head 7or the designee of such head who is designated under subsection 7d77 of each of the following ,federal entities3 7#a7 ,the ,department of ,education4 7#b7 ,the ,consumer ,financial ,protection ,bureau4 7#c7 ,the ,department of ,justice4 7#d7 ,the ,securities and ,exchange ,commission4 7#e7 ,the ,department of ,defense4 7#f7 ,the ,department of ,veterans ,affairs4 7#g7 ,the ,federal ,trade ,commission4 7#h7 ,the ,department of ,labor4 7#i7 ,the ,internal ,revenue ,service4 7#aj7 ,at the discretion of the ,president1 any other relevant ,federal agency or department4 7b7 ,purposes ,the ,committee shall have the following purposes3 7#a7 ,to improve enforcement of applicable ,federal laws and regulations4 7#b7 ,to increase accountability of proprietary institutions of higher education to students and taxpayers4 7#c7 ,to ensure the promotion of quality education programs4 7#d7 ,to reduce and prevent fraud and abuse by proprietary institutions of higher education4 7c7 ,responsibilities ,to meet the purposes described in subsection 7b71 the ,committee shall have the following responsibilities3 7#a7 ,coordinate administrative oversight of proprietary institutions of higher education-- 7,a7 such that the ,federal agencies represented on the ,committee may develop a memorandum of understanding to specify responsibilities of each such ,federal agency in creating the report under section #f2 7,b7 to encourage information sharing among the ,federal agencies related to ,federal investigations1 audits1 or inquiries of proprietary institutions of higher education2 and 7,c7 to increase coordination and cooperation between ,federal and ,state agencies1 including ,state ,attorneys ,general and ,state approval agencies1 with respect to improving oversight and accountability of proprietary institutions of higher education4 7#b7 ,synthesize cross-agency industry data on proprietary institutions of higher education to-- 7,a7 develop an annual report under section #f2 7,b7 publish a ,for-,profit ,college ,warning ,list for ,parents and ,students1 in accordance with section #g2 and 7,c7 develop consistency among ,federal and ,state agencies in the dissemination of consumer information regarding proprietary institutions of higher education to ensure that students1 parents1 and other stakeholders have easy access to such information4 7d7 ,membership 7#a7 ,designees ,the head of a ,federal entity described in subsection 7a7 may designate a high ranking official of the entity to serve as a designee on the ,committee4 ,the designee shall be1 whenever possible1 the head of the portion of the entity that is most relevant to the purposes described in subsection 7b74 7#b7 ,chairperson ,the ,secretary of ,education or the designee of such ,secretary shall serve as the ,chairperson of the ,committee4 7#c7 ,committee support ,the ,chairperson of the ,committee shall ensure appropriate staff and officials at the ,department of ,education are available to support ,committee-related work4 #d4 ,meetings and advisory committee 7a7 ,committee meetings ,the members of the ,committee shall meet regularly1 but not less than once during each quarter of each fiscal year1 to carry out the purposes described in section #c7;b7 and responsibilities described in section #c7;c74 7b7 ,proprietary education oversight advisory committee 7#a7 ,in general ,the ,committee shall establish a ,proprietary ,education ,oversight ,advisory ,committee to advise the ,proprietary ,education ,interagency ,oversight ,coordination ,committee that meets not less than twice each fiscal year4 7#b7 ,,faca applicability ,the activities of the ,proprietary ,education ,oversight ,advisory ,committee shall be subject to the provisions of the ,federal ,advisory ,committee ,act 7#e ,u4,s4,c4 ,app474 7#c7 ,membership ,the ,proprietary ,education ,oversight ,advisory ,committee shall be composed of the following members3 7,a7 ,state ,attorneys ,general4 7,b7 ,representatives from ,state approval agencies4 7,c7 ,representatives from veterans service organizations4 7,d7 ,representatives from accrediting agencies4 7,e7 ,representatives from civil rights organizations4 7,f7 ,representatives from proprietary institutions of higher education4 7,g7 ,consumer advocates4 7,h7 ,any additional stakeholders deemed relevant by the ,proprietary ,education ,interagency ,oversight ,coordination ,committee to provide input and information to enable the ,proprietary ,education ,interagency ,oversight ,coordination ,committee to carry out the purposes described in section #c7;b7 and responsibilities in section #c7;c74 #e4 ,collection and tracking of complaints 7a7 ,in general ,in consultation with the ,committee1 the ,secretary of ,education shall establish a single1 toll-free telephone number1 a website1 and a database 7or utilize an existing database7 to facilitate the centralized collection of1 monitoring of1 and response to student complaints regarding the services or activities of any proprietary institution of higher education eligible for ,federal education assistance4 ,the ,committee shall coordinate with the ,federal agencies represented on the ,committee to route complaints to such agencies1 where appropriate4 7b7 ,routing calls to states ,to the extent practicable1 ,state approval agencies may receive appropriate complaints from the systems established under subsection 7a71 if-- 7#a7 the ,state approval agency system has the functional capacity to receive calls or electronic reports routed by the ,department of ,education systems2 7#b7 the ,state approval agency has satisfied any conditions of participation in the system that the ,department of ,education may establish1 including treatment of personally identifiable information and sharing of information on complaint resolution or related compliance procedures and resources2 and 7#c7 participation by the ,state approval agency includes measures necessary to provide for protection of personally identifiable information that conform to the standards for protection of the confidentiality of personally identifiable information and for data integrity and security that apply to the ,federal agencies described in subsection 7c74 7c7 ,data sharing required ,to facilitate preparation of the reports required under section #f1 supervision and enforcement activities1 and monitoring of the market for educational services provided by any proprietary institution of higher education eligible for ,federal education assistance1 the ,committee members shall share student complaint information with accrediting agencies1 the ,federal ,trade ,commission1 other ,federal agencies1 and ,state agencies1 subject to the standards applicable to ,federal agencies for protection of the confidentiality of personally identifiable information and for data security and integrity4 ,the accrediting agencies1 the ,federal ,trade ,commission1 and other ,federal agencies shall share data relating to student complaints regarding educational services provided by any proprietary institution of higher education with the ,department of ,education1 subject to the standards applicable to ,federal agencies for protection of confidentiality of personally identifiable information and for data security and integrity4 #f4 ,report 7a7 ,in general ,the ,committee shall submit an annual report to the ,committee on ,health1 ,education1 ,labor1 and ,pensions of the ,senate1 the ,committee on ,education and ,labor of the ,house of ,representatives1 and any other committee of ,congress that the ,committee determines appropriate4 7b7 ,public access ,the report described in subsection 7a7 shall be made available to the public in a manner that is easily accessible to parents1 students1 and other stakeholders4 7c7 ,contents 7#a7 ,in general ,the report shall include-- 7,a7 a description of the role of each member of the ,committee in achieving the purposes described in section #c7;b72 7,b7 an accounting of any action taken by the ,federal ,government1 any member entity of the ,committee1 or a ,state to enforce ,federal or ,state laws and regulations applicable to a proprietary institution of higher education2 7,c7 a summary of complaints received1 resolved1 or pending against each proprietary institution of higher education during the applicable year1 including-- 7i7 student complaints collected by the complaint system established under section #e or received by any member entity of the ,committee2 7ii7 any complaint filed by a ,federal or ,state agency in a ,federal1 ,state1 local1 or tribal court2 7iii7 any administrative proceeding by a ,federal or ,state agency involving noncompliance of any applicable law or regulation2 7iv7 any other review1 audit1 or administrative process by any ,federal or ,state agency that results in a penalty1 suspension1 or termination from any ,federal or ,state program2 and 7v7 any complaint1 review1 audit1 or administrative process initiated against the proprietary institution of higher education by an accrediting agency or any adverse action taken by an accrediting agency during the applicable year2 7,d7 the data described in paragraph 7#b7 and any other data relevant to proprietary institutions of higher education that the ,committee determines appropriate2 and 7,e7 recommendations of the ,committee for such legislative and administrative actions as the ,committee determines are necessary to-- 7i7 improve enforcement of applicable ,federal laws2 7ii7 increase accountability of proprietary institutions of higher education to students and taxpayers2 7iii7 reduce and prevent fraud and abuse by proprietary institutions of higher education2 and 7iv7 ensure the promotion of quality education programs4 7#b7 ,data 7,a7 ,industry-wide data ,the report shall include data on all proprietary institutions of higher education that consists of information regarding-- 7i7 the total amount of ,federal education assistance that proprietary institutions of higher education received for the previous academic year1 and the percentage of the total amount of ,federal education assistance provided to institutions of higher education 7as defined in section #ajb of the ,higher ,education ,act of #aife 7#bj ,u4,s4,c4 #ajjb77 for such previous academic year that reflects such total amount of ,federal education assistance provided to proprietary institutions of higher education for such previous academic year2 7ii7 the total amount of ,federal education assistance that proprietary institutions of higher education received for the previous academic year1 disaggregated by-- 7,i7 educational assistance in the form of a loan provided under title ,,iv of the ,higher ,education ,act of #aife 7#bj ,u4,s4,c4 #ajgj et seq472 7,,ii7 educational assistance in the form of a grant provided under title ,,iv of the ,higher ,education ,act of #aife 7#bj ,u4,s4,c4 #ajgj et seq472 7,,iii7 educational assistance provided under chapter #cc of title #ch1 ,united ,states ,code2 7,,iv7 assistance for tuition and expenses under section #bjjg of title #aj1 ,united ,states ,code2 7,v7 assistance provided under section #aghd;a of title #aj1 ,united ,states ,code2 and 7,,vi7 ,federal education assistance not described in subclauses 7,i7 through 7,v72 7iii7 the percentage of the total amount of ,federal education assistance provided to institutions of higher education 7as defined in section #ajb of the ,higher ,education ,act of #aife 7#bj ,u4,s4,c4 #ajjb77 for such previous academic year for each of the programs described in subclauses 7,i7 through 7,,vi7 of clause 7ii7 that reflects such total amount of ,federal education assistance provided to proprietary institutions of higher education for such previous academic year for each of such programs2 7iv7 the average retention and graduation rates for students pursuing a degree at proprietary institutions of higher education2 7v7 the average cohort default rate 7as defined in section #dce7m7 of the ,higher ,education ,act of #aife 7#bj ,u4,s4,c4 #ajhe7m77 for proprietary institutions of higher education1 and list of each cohort default rate for each proprietary institution of higher education2 7vi7 the average pre-enrollment expenditures on a per-enrolled-student basis1 including expenditures on recruiting and marketing activities2 7vii7 the average educational and general expenditures 7as defined in section #ejb of the ,higher ,education ,act of #aife 7#bj ,u4,s4,c4 #aaja;a77 per student1 excluding all pre-enrollment expenditures2 7viii7 for careers requiring the passage of a licensing examination-- 7,i7 the passage rate of individuals who attended a proprietary institution of higher education taking such examination to pursue such a career2 and 7,,ii7 the passage rate of all individuals taking such exam to pursue such a career2 and 7ix7 the use of private education loans at proprietary institutions of higher education that includes-- 7,i7 an estimate of the total number of such loans2 7,,ii7 information on the average debt1 default rate1 and interest rate of such loans2 and 7,,iii7 the names of each lender providing private education loans to borrowers with respect to each proprietary institution of higher education in the prior academic year1 including-- 7aa7 the number of borrowers receiving loans from each lender2 and 7bb7 the volume of dollars provided to borrowers with respect to the proprietary institution of higher education by each lender4 7,b7 ,data on publicly traded corporations 7i7 ,in general ,the report shall include data on proprietary institutions of higher education that are publicly traded corporations1 consisting of information on-- 7,i7 any pre-tax profit of such proprietary institutions of higher education-- 7aa7 reported as a total amount and an average percent of revenue for all such proprietary institutions of higher education2 and 7bb7 reported for each such proprietary institution of higher education2 7,,ii7 revenue for such proprietary institutions of higher education spent on recruiting and marketing activities1 student instruction1 and student support services1 reported-- 7aa7 as a total amount and an average percent of revenue for all such proprietary institutions of higher education2 and 7bb7 for each such proprietary institution of higher education2 7,,iii7 total compensation packages of the executive officers of each such proprietary institution of higher education2 7,,iv7 a list of institutional loan programs offered by each such proprietary institution of higher education that includes information on the default and interest rates of such programs2 and 7,v7 the data described in clauses 7ii7 and 7iii74 7ii7 ,disaggregated by ownership ,the report shall include data on proprietary institutions of higher education that are publicly traded corporations1 disaggregated by corporate or parent entity1 brand name1 and campus1 consisting of-- 7,i7 the average total cost of attendance at each such proprietary institution of higher education1 and information comparing such total cost for each such program to-- 7aa7 the average total cost of attendance-- 7,,aa7 at each public institution of higher education2 and 7,,bb7 at each public institution of higher education that offers the same level of education degree or certification as the proprietary institution of higher education2 and 7bb7 the average total cost of attendance-- 7,,aa7 at all institutions of higher education1 including such institutions that are public and such institutions that are private2 and 7,,bb7 at all institutions of higher education that offer the same level of education degree or certification as the proprietary institution of higher education1 including such institutions that are public and such institutions that are private2 7,,ii7 total enrollment1 disaggregated by-- 7aa7 individuals enrolled in programs taken online2 7bb7 individuals enrolled in programs that are not taken online2 and 7cc7 individuals enrolled in programs taken both online and not online2 7,,iii7 the average retention and graduation rates for students pursuing a degree at such proprietary institutions of higher education2 7,,iv7 the percentage of students enrolled in such proprietary institutions of higher education who complete a program of such an institution within-- 7aa7 the standard period of completion for such program2 and 7bb7 a period that is #aej percent of such standard period of completion2 7,v7 the average total cost of attendance for each program at such proprietary institutions of higher education2 7,,vi7 the average cohort default rate1 as defined in section #dce7m7 of the ,higher ,education ,act of #aife 7#bj ,u4,s4,c4 #ajhe7m771 for such proprietary institutions of higher education1 and an annual list of cohort default rates 7as so defined7 for all proprietary institutions of higher education2 7,,vii7 the median ,federal educational debt incurred by students who complete a program at such a proprietary institution of higher education2 7,,viii7 the median ,federal educational debt incurred by students who start but do not complete a program at such a proprietary institution of higher education2 7,,ix7 the job placement rate for students who complete a program at such a proprietary institution of higher education and the type of employment obtained by such students2 7,x7 for careers requiring the passage of a licensing examination1 the rate of individuals who attended such a proprietary institution of higher education and passed such an examination2 7,,xi7 the number of complaints from students enrolled in such proprietary institutions of higher education who have submitted a complaint to any member entity of the ,committee2 and 7,,xii7 the volume of institutional debt1 number of students who owe institutional debts1 and average amount of institutional debt owed by each student4 7iii7 ,department of defense and veterans affairs assistance 7,i7 ,in general ,to the extent practicable1 the report shall provide information on the data described in clause 7ii7 for individuals using1 to pay for the costs of attending such a proprietary institution of higher education1 ,federal education assistance provided under-- 7aa7 chapter #cc of title #ch1 ,united ,states ,code2 7bb7 section #bjjg of title #aj1 ,united ,states ,code2 and 7cc7 section #aghd;a of title #aj1 ,united ,states ,code4 7,,ii7 ,revenue ,the report shall provide information on the revenue of proprietary institutions of higher education that are publicly traded corporations that is derived from the ,federal education assistance described in subclause 7,i74 7,c7 ,comparison data ,to the extent practicable1 the report shall provide information comparing the data described in subparagraph 7,b7 for proprietary institutions of higher education that are publicly traded corporations with such data for public institutions of higher education disaggregated by ,state4 7#c7 ,accounting of any action ,for the purposes of paragraph 7#a77;,b71 the term any action shall include-- 7,a7 a complaint filed by a ,federal or ,state agency in a local1 ,state1 ,federal1 or tribal court2 7,b7 an administrative proceeding by a ,federal or ,state agency involving noncompliance of any applicable law or regulation2 or 7,c7 any other review1 audit1 or administrative process by any ,federal or ,state agency that results in a penalty1 suspension1 or termination from any ,federal or ,state program4 #g4 ,for-profit college warning list for parents and students 7a7 ,in general ,each academic year1 the ,secretary of ,education on behalf of the ,committee shall publish a list to be known as the ,for-,profit ,college ,warning ,list for ,parents and ,students to be comprised of proprietary institutions of higher education-- 7#a7 that have been sued for financial relief by a ,federal or ,state authority1 or through a qui tam action in which the ,federal ,government has intervened2 7#b7 that are required to pay a debt or incur a liability from a settlement1 arbitration proceeding1 or final judgment in a judicial proceeding with a ,federal or ,state agency and the case addresses misrepresentation1 fraud1 liability under sections #cgbi through #cgcc of title #ca1 ,united ,states ,code 7commonly known as the ,false ,claims ,act71 or other borrower defense to repayment claims2 7#c7 that have pending claims for borrower relief discharge under the borrower defense to repayment regulations from students or former students of the institution and the ,secretary of ,education has formed a group process to consider the claims2 7#d7 that have had any eligibility for participation withdrawn or suspended with respect to-- 7,a7 educational assistance in the form of a loan provided under title ,,iv of the ,higher ,education ,act of #aife 7#bj ,u4,s4,c4 #ajgj et seq472 7,b7 educational assistance in the form of a grant provided under title ,,iv of the ,higher ,education ,act of #aife 7#bj ,u4,s4,c4 #ajgj et seq472 7,c7 educational assistance provided under chapter #cc of title #ch1 ,united ,states ,code2 7,d7 assistance for tuition and expenses under section #bjjg of title #aj1 ,united ,states ,code2 7,e7 assistance provided under section #aghd;a of title #aj1 ,united ,states ,code2 or 7,f7 ,federal education assistance not described in subparagraphs 7,a7 through 7,e72 or 7#e7 that have been deemed ineligible to receive ,federal education assistance for the next year or required to repay ,federal education assistance previously received in applicable report year4 7b7 ,summary ,the ,for-,profit ,college ,warning ,list for ,parents and ,students shall include a summary in plain language of the basis of each proprietary institution of higher education's inclusion on the list4 7c7 ,procedures ,the ,committee shall establish and apply review procedures for the ,for-,profit ,college ,warning ,list for ,parents and ,students1 including evaluation and withdrawal proceedings that provide-- 7#a7 for adequate written specification of-- 7,a7 the procedure for identifying proprietary intuitions of higher education for inclusion on the list2 and 7,b7 identified deficiencies at the proprietary institutions of higher education2 and 7#b7 for sufficient opportunity for a written response by a proprietary institution of higher education regarding any deficiencies identified by the ,committee-- 7,a7 within a timeframe determined by the ,committee2 and 7,b7 prior to the final publication of the ,for-,profit ,college ,warning ,list for ,parents and ,students4 7d7 ,publication ,not later than ,july #a of each fiscal year1 on behalf of the ,committee1 the ,secretary of ,education shall publish the ,for-,profit ,college ,warning ,list for ,parents and ,students prominently and in a manner that is easily accessible to parents1 current students1 prospective students1 and other stakeholders4 ,the ,secretary of ,education may incorporate the ,for-,profit ,college ,warning ,list for ,parents and ,students into preexisting1 widely used platforms4