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August 1, 2025
1950451
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aug 22, 1987 - 85/15 Rule

Description:

Congress enacted over 100 rules for for-profit institutions including the 85–15 rule, which stated that at least 15 percent of a school’s revenue had to come from something other than federal student aid.

Added to timeline:

22 Oct 2018
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Date:

aug 22, 1987
Now
~ 37 years ago