BILL ANALYSIS                                                                                                                                                                                                    Ó



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          Date of Hearing:   April 19, 2016


                   ASSEMBLY COMMITTEE ON BUSINESS AND PROFESSIONS


                                  Rudy Salas, Chair


          AB 1916  
          (Irwin) - As Amended April 5, 2016


          NOTE: This bill is double-referred, having been previously heard  
          by the Assembly Committee on Higher Education on April 12, 2016  
          and approved on a 9-4 vote.





          SUBJECT:  Private postsecondary education:  school closure  
          bonds.


          SUMMARY:  Requires private postsecondary institutions to file a  
          surety bond before January 1, 2019, with the Bureau of Private  
          Postsecondary Education (BPPE) equal to a reasonable estimate of  
          the maximum amount of tuition and fees imposed on students of  
          the institution for a period of attendance, as specified; and  
          further requires the BPPE, upon request of student claims, to  
          make a demand on the bond to refund the costs of tuition and  
          fees, conduct outreach and education with respect to educational  
          and financial relief, manage student transcripts and records,  
          and administer the Student Tuition Recovery Fund (STRF).


          EXISTING LAW:









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          1)Establishes the BPPE within the Department of Consumer Affairs  
            (DCA) to oversee and regulate private postsecondary  
            educational institutions; provides that the BPPE operate until  
            January 1, 2017. (Education Code (EDC) Section 94800, et seq.)



          2)Requires the BPPE to adopt by regulation minimum operating  
            standards for an institution to ensure that the program can  
            achieve its objective; the facilities and instructional  
            equipment and material are sufficient to enable the program;  
            the administrators and faculty are qualified;  the institution  
            maintain written and relevant standards for student  
            admissions, as well as maintains a withdrawal policy and  
            provides refunds; gives students a document signifying the  
            degree or diploma awarded; maintains records and standard  
            transcripts; and, is accredited by an accrediting agency or is  
            in the process of accreditation. (EDC Section 94885)



          3)Provides for specified exemptions from the Act for specific  
            types of institutions, including, but not limited to, those  
            where oversight is already provided by other entities;  
            provides that an institution seeking exemption must still  
            comply with all other regulations as though the exemption were  
            not in place. (EDC Section 94874).



          4)Establishes the STRF, administered by the BPPE, to relieve or  
            mitigate the economic loss suffered by students enrolled at a  
            non-exempt private postsecondary educational institution due  
            to the institution's closer, the institution's failure to pay  
            refunds or reimburse loan proceeds, or the institution's  
            failure to pay students' restitution award for a violation of  
            the Act; provides that the STRF is limited to no more than $25  
            million; requires institutions to assess students an amount  








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            established in regulation by the BPPE and remit funds to the  
            BPPE for STRF. (EDC Sections 94923-94925)
          THIS BILL:


          1)Provides, effective January 1, 2019, each institution shall  
            maintain and file with the BPPE a surety bond, with a surety  
            bond company authorized to do business in California.


          2)Provides the amount of the bond shall be no less than the  
            amount of tuition and fees charged by the institution during  
            the prior academic year, divided by four.


          3)Provides that, in the event that an institution ceases  
            operation, BPPE shall make demand on the surety of that  
            institution to provide refunds due to any students who were  
            enrolled at the time of the closure, or within 120 days prior  
            to the closure, if the bureau determines that there was a  
            significant decline in the quality or value of that  
            educational program during that time period.  The amount of  
            any refund received by a student shall offset any claim that  
            the student may make against the Student Tuition Recovery Fund  
            (STRF). 


          4)BPPE shall use the surety to reimburse any refund received by  
            a student through the STRF.  


          5)Provides that if BPPE fails to make such a demand within 120  
            days of closure, any student or group of students may make a  
            demand directly on the surety of that institution to recover  
            any refund to which the student or students are due.   A  
            student may, but is not required to, use such payments to pay  
            for a teach-out or other educational services. 










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          6)Provides that once an institution ceases operation, no new  
            students shall be enrolled.


          7)Provides that an institution's approval to operate shall be  
            suspended by operation of law when the institution is no  
            longer covered by a surety bond as required by this section.  
            The institution and the surety shall give written notice to  
            BPPE at least 45 days prior to a release of a surety.


          8)Provides that a surety on any bond filed may be released after  
            the surety serves written notice to BPPE at least 60 days  
            prior to the release. The release shall not discharge or  
            otherwise affect any claim filed by any student for loss of  
            tuition or any fees that occurred while the bond was in effect  
            or that occurred under any note or contract executed during  
            any period of time when the bond was in effect, except when  
            another bond is filed in a like amount and provides  
            indemnification for any loss.


          9)Provides that an "institution" means, to the extent authorized  
            by federal law, a private postsecondary educational  
            institution that offers postsecondary education to the public  
            in this state for an institutional charge, but does not  
            include an independent institution of higher education, as  
            defined, that has operated in California as an independent  
            academic institution for no less than 15 academic years.


          10)Provides that all institutions shall on at least a quarterly  
            basis provide copies of records sufficient to produce academic  
            transcripts and to certify completion of any degree or other  
            program offered by the institution, to a third party.  The  
            third party shall be independent of the institution,  
            financially stable, and capable of producing transcripts and  
            certifications, upon request, within two weeks of the closure  
            of a school, and continuing thereafter.  The third party shall  








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            charge a fee of no more than $10 per transcript or  
            certification, and it shall not withhold a transcript or  
            certification based on the student's non-payment of a debt or  
            obligation to the school or to any other party. 


          11)Provides that the bond may be used to award punitive damages  
            to a student of an institution that ceases operation and is  
            found, by a court of law, to have violated state or federal  
            law, or laws, that caused or contributed to the student's  
            economic loss.


          12)Defines tuition and fees as all of the following: (a) paid  
            tuition and fees not recovered by the receipt of academic  
            credits; interest on educational loans incurred to pay such  
            tuition and fees recovered by the receipt of academic credits;  
            and, (c) general fund costs associated with restoring the  
            benefits of eligible students' for Cal Grants, as defined in  
            Section 69430 of the Education Code, California National Guard  
            Education Assistance Award Program (CNG EAAP), as defined in  
            Section 69999.10 of the Education Code, and the Post 9/11 GI  
            Bill, as defined in Title 38, Part III, Chapter 33 of the US  
            Code.


          FISCAL EFFECT:  Unknown. This bill is keyed fiscal by the  
          Legislative Counsel. 


          COMMENTS:


          Purpose.  This bill requires private postsecondary institutions  
          to file a surety bond before January 1, 2019, with the BPPE  
          equal to a reasonable estimate of the maximum amount of tuition  
          and fees imposed on students of the institution for a period of  
          attendance, as specified, if the institution closes; requires  
          the BPPE, upon request of student claims, to make a demand on  








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          the bond to refund the costs of tuition and fees, enforce the  
          Act, conduct outreach and education with respect to educational  
          and financial relief, manage student transcripts and records,  
          and administer the STRF.


          This bill is sponsored by the author.  According to the author,  
          "Existing state and federal law provide little relief to the  
          California students affected by a school closure as shown by the  
          recent closures of Corinthian Colleges and other small  
          institutions.  In these cases, students are not compensated for  
          their economic loss, and the institution itself has no financial  
          disincentive to close at a particular time that further harms  
          students.  The only protection students have is supported by  
          fees collected from each student, so students are self-insuring  
          against closure and no liability for compensating students is  
          shifted to the closing institution under this policy.  According  
          to the National Consumer Law Center, California is not among the  
          40 other states that require a surety bond to be posted by  
          for-profit schools to protect students in the event of a  
          closure.  [This bill] would provide protection for California  
          students attending private for-profit colleges in the event that  
          the school closes.  The posting of a surety bond by these  
          institutions will protect students in two ways: 1) recovery of  
          economic loss in the event of a closure; [and,] 2) provides  
          disincentive for schools to close before the end of an academic  
          term."


          Corinthian Colleges, Inc. (CCI) Institutions.  Heald, WyoTech,  
          and Everest campuses offered a range of programs, including  
          certificate programs, with tuition and fees that ranged from  
          $13,100 to $75,384.  According to a 2014 complaint filed by the  
          Consumer Financial Protection Bureau (CFPB), most students  
          attending CCI were low-income, or the first in their families to  
          seek an education beyond high school.  Most students attending  
          CCI received federal financial aid; according to CCIs filing  
          with the Securities and Exchange Commission, CCI received 84.8%  
          of net revenue from federal financial aid.








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          CCI has been subject to state and federal administrative or  
          legal actions for the last several years. Below are a few key  
          dates that demonstrate the landscape of CCI's closure in 2015.


                 October 2013 - AG Kamala Harris filed a lawsuit against  
               CCI alleging deceptive marketing and job-placement claims.



                 August 2014 - the California State Approving Agency for  
               Veterans Education (CSAAVE) withdrew institutional approval  
               at all 23 institutions owned and operated in California by  
               CCI, and were thus no longer eligible for GI bill benefits.  
                In order to continue using Title 38 benefits, veteran  
               students were required to transfer/enroll in a CSAAVE  
               eligible school.



                 April 14, 2015 - the USDE announced a $30 million fine  
               against Heald's Salinas and Stockton campuses for  
               fraudulent placement and other advertising, which CCI  
               appealed. The decision effectively barred all Heald  
               campuses from receiving federal funds for new enrollments.   
               Two days later, the California Student Aid Commission  
               (CSAC) permanently terminated Heald's eligibility for the  
               Cal Grant program; Everest and WyoTech were already not  
               eligible.  The next days, the BPPE issued an emergency  
               decision prohibiting Everest and WyoTech campuses from  
               enrolling new students.  CCI closed all campuses on April  
               26, 2015.



                 May 4, 2015 - CCI filed for bankruptcy.









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                 On March 23, 2016, the AG announced that the San  
               Francisco County Superior Court of California issued a $1.1  
               billion default judgment against CCI, finding, among other  
               things:  many of CCI's representations and advertisements  
               related to job placement were untrue and/or misleading,  
               dating back to at least 2009; CCI knowingly advertised  
               programs, since 2010, that it did not offer; CCI unlawfully  
               used military seals; enrollment agreements contained  
               unlawful clauses; CCI engaged in unlawful debt collection  
               and failed to disclose its role in the Genesis Private  
               Student Loan Program; and, CCI misrepresented the  
               transferability of credits.
          Relief for students.  Financial aid relief varies with local,  
          state and federal provisions, and although there are mechanisms  
          for restitution, some students remain ineligible for current  
          programs.


          State relief.  The STRF, administered by the BPPE, was  
          established to relieve or mitigate economic loss incurred by  
          students enrolled at a non-exempt private postsecondary  
          educational institution.  According to the BPPE, California  
          students enrolled within 60 days of closure of a California  
          WyoTech and Everest campus are eligible for STRF.  California  
          CCI students enrolled in Heald and Everest Online are not  
          covered by STRF as those CCI institutions were not regulated by  
          BPPE.  According to the BPPE at its Sunset Review Hearing on  
          March 28, 2016, the BPPE expanded its consideration to students  
          who were enrolled within 120 days of the institution's closure.


          For the CCI students that are eligible for STRF, application and  
          approval rates are low.  According to BPPE data, of the  
          estimated 1,586 WyoTech students eligible for STRF, only 34 STRF  
          applications have been approved.  Of the estimated 4,336 Everest  
          students eligible for STRF, only 75 applications have been  
          approved.  Fewer than 350 total students have applied.








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          USDE expanded the closed school loan discharge eligibility to  
          students enrolled as far back as June 20, 2014, making  
          California veterans eligible for closed school loan discharge.    
          BPPE has not yet taken such a similar action. When the  
          California State Approving Agency for Veterans Education  
          withdrew institutional approval of CCI campuses in California,  
          the students of those campuses could no longer benefit from the  
          GI bill benefits. If BPPE mirrors the expansion provided by the  
          USDE, California veteran students would be eligible for similar  
          loan discharge claims.


          Federal relief.  The USDE announced expanded loan forgiveness  
          options for CCI students who were affected by the closure or by  
          the unlawful practices of the institution.  Eligible students  
          are ones who can show that CCI violated state law; and students  
          who were enrolled after June 20, 2014.  Students enrolled in  
          Heald programs between 2010 and 2014 have been deemed eligible  
          to apply through an expedited loan forgiveness pathway; an  
          expedited pathway is pending for Everest and WyoTech students  
          enrolled in most programs between 2010 and 2013.


          The USDE has indicated additional eligibility and financial aid  
          relief may be established. According to the Special Master for  
          Borrower Defense of the USDE, thousands of students are in the  
          approval process for their loans to be discharged or already  
          have been granted relief.  USDE is in the process of starting  
          similar email campaigns for former WyoTech and Everest students.  
          Loans discharged as of March 1, 2016 for CCI institutions,  
          including WyoTech and Everest, amounts to more than $90 million.





           ----------------------------------------------------------------- 








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          |Closed school loan forgiveness claims received    |11,740        |
          |--------------------------------------------------+--------------|
          |Students granted relief                           |6,838         |
          |--------------------------------------------------+--------------|
          |Borrower defense claims received                  |11,000 (8,501 |
          |                                                  |from CCI)     |
          |--------------------------------------------------+--------------|
          |Students eligible for loan forgiveness            |Approx.       |
          |                                                  |350,000       |
          |                                                  |students.     |
          |--------------------------------------------------+--------------|
          |Students approved for loan forgiveness            |2,048         |
          |--------------------------------------------------+--------------|
          |USDE email communications to former-Heald         |54,000        |
          |students regarding loan discharge eligibility     |              |
          |--------------------------------------------------+--------------|
          |Average open rate for these email campaigns       |40%           |
           ----------------------------------------------------------------- 



          Local relief.  CSOs assisting students harmed by the fraudulent  
          activities and illegal closure of CCI (and other closed  
          institutions such as Four-D College and Marinello Schools of  
          Beauty) are limited by funding cuts.


          Students enrolled at institutions exempt from the Act are  
          ineligible for STRF, nor are students who are enrolled at  
          institutions whose physical location is outside of California  
          (i.e. students enrolled in online programs).  Even still,  
          students who were affected by a school's closure may not know  
          about their rights with regard to the STRF. As noted in the  
          BPPE's 2014 Sunset Report, the number of claims for STRF have  
          been remarkably low. For example, more than 4,000 students who  
          were enrolled at the now-closed WyoTech and Everest Colleges are  
          eligible for STRF.  Eighty percent of these students met with  
          BPPE staff in the days following the schools' closure, but only  
          approximately 300 claims have been filed.  Despite the low  








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          number of claims, the STRF has proven to be in need  
          improvements.  For the claims made by students of WyoTech and  
          Everest, only 2.1% and 1.7%, respectively, were approved.


          Establishing a surety bond.  A bond is filed for the benefit of  
          consumers who may be damaged as a result of defective agreement  
          or other license law violations.  For example, the Contractors  
          State License Board (CSLB) requires contractors to have a bond  
          in place before CSLB may issue an active license, reactivate an  
          inactive license, or renew an active license. According to the  
          CSLB, "A surety bond is a contract in which a surety company  
          promises the State of California that the contractor will comply  
          with the state Contractors License Law.  According to the  
          author, requiring institutions to post a surety bond will  
          "[ensure] that students receive the instruction and credits they  
          have paid for, and if they do not, [ensure] that they are made  
          whole for what they have paid, as well as their lost benefits,  
          or nontransferable credits."


          BPPE Sunset Review.  The BPPE is currently undergoing the sunset  
          review process.  The issues of low rates of student claims for  
          STRF funds, ensuring protection for students not covered by the  
          STRF, and the possibility of a surety bond requirement are  
          raised in the BPPE 2015 Sunset Review Background Paper, prepared  
          by the Senate Committee on Business, Professions and Economic  
          Development staff.  


          ARGUMENTS IN SUPPORT: 


          The  Office of the Attorney General  writes in support, "[This  
          bill] would make California the forty-first state to require  
          for-profit colleges to post some type of surety bond as  
          collateral to cover student losses following a school closure.   
          The bill adds much-needed additional safeguards to protect  
          consumers harmed by a growing industry of for-profit  








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          institutions that are often financially unstable and prone to  
          engage in predatory conduct.  The bill has been thoughtfully  
          narrowed to a category of institutions most at risk of failure,  
          and its provisions have been crafted to ensure that appropriate  
          funds are available to repay students upon a school's closure.   
          As the bill makes its way through the legislature, the Attorney  
          General is committed to helping refine the language of the bill  
          to ensure that it will adequately serve to protect future  
          students from financial disaster."


          The  California Federation of Teachers  writes in support, "Much  
          has been done to regulate private postsecondary institutions in  
          the wake of the closure of Corinthian Colleges.  However, there  
          remains a great need to provide protection for those California  
          students attending private for-profit colleges in the event that  
          a school closes.  By requiring these institutions to post a  
          surety bond, students will be able to recover those economic  
          losses such as educational supplies, living expenses,  
          non-transferable credits, or other damages.  Additionally, this  
          bond will serve as a disincentive for schools to close before  
          the end of an academic term, thereby mitigating the loss to  
          students."


           The Institute for College Access and Success writes in support,  
          if amended, "These small rates of relief are surely driven in  
          part by the Bureau's severe understaffing; it has just two  
          employees dedicated to processing claims for students impacted  
          by school closures and very limited capacity for student  
          outreach.  Allowing a surety bond to be tapped to support STRF  
          administration would facilitate students' access to relief, and  
          as such we recommend amending the bill to enable the bureau to  
          make demand on surety bonds for reimbursement of STRF-related  
          administration and student outreach activities.  At the same  
                                             time, it is important to avoid further complicating STRF  
          processes, especially since determining eligibility and applying  
          for relief can already be challenging for students to navigate.   
          To the extent that students are eligible to obtain state relief,  








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          the Bureau should be their point of contact and STRF their  
          source of relief."


          ARGUMENTS IN OPPOSITION:


          The  California Association of Private Postsecondary Schools   
          writes in opposition, "Current California law allows for a $25  
          million account, essential an insurance fund, to help students  
          recover costs if their institution closes.  The STRF is fully  
          funded and in fact has a $3 million surplus. Mandating every  
          institution have a surety bond equally 25% of their tuition  
          revenue on top of the $25 million STRF account is the definition  
          of duplicative.  After discussing the mechanics of how this  
          proposed surety could work, our experts do not think many  
          Institutions could afford to maintain such a high bond.  They  
          are equally uncertain, given the dollar fluctuations inherent in  
          calculating such a bond, that commercial entities would be  
          inclined to offer such a bond, except at a very high price,  
          which would doom many smaller Institutions."


          The  University of Phoenix  writes in opposition, "Although the  
          University supports the concept of a bond, it opposes  
          duplicative financial burdens for licensed institutions through  
          the imposition of both a bond and the STRF. Specifically, the  
          bond requirement should only apply to those students who do not  
          otherwise contribute to the STRF. Even then, by focusing  
          exclusively on institutions regulated by the BPPE, the measure  
          leaves out a significant portion of CA online students that  
          attend non-BPPE regulated institutions; meaning those student  
          will have no recourse should their institution close."  The  
          University goes on to say, "In addition to the duplicative  
          coverage, the measure will now provide that students shall be  
          eligible to receive punitive damages for up to four years after  
          an institution closes.  It's unclear if punitive damages could  
          be insured under the surety bond required of institutions, in  
          which case it would be impossible to comply with the bill."








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           American Career College / West Coast University  writes in  
          support, "California currently has the [STRF] as the mechanism  
          to aid students impacted by a school closure.  STRF is fully  
          funded. Requiring another duplicative mechanism will not  
          streamline efforts to help students receive the aid they need  
          quickly, but rather will complicate those efforts.   
          Additionally, the bond requirements in [this bill] are  
          excessively expensive and it is uncertain whether a bond of this  
          magnitude could even be obtained.  This serves only to take away  
          from resources that could go directly to educations and training  
          programs that benefit students."


          POLICY ISSUES FOR CONSIDERATION:


          On April 12, 2016, the Assembly Higher Education Committee heard  
          and approved this bill by a vote of 9-4.  The author agreed to  
          accept amendments recommended by the Higher Education Committee,  
          which will be formally adopted in this Committee.  The  
          amendments specify that for all institutions enrolling students  
          that are covered by the STRF, the STRF will remain the source of  
          relief for student economic loss.  For institutions exempt from  
          the BPPE, and therefore not covered by STRF, the surety bond  
          will cover student economic loss.  Additionally, the amendments  
          require, for all institutions, the surety bond cover BPPE  
          administrative costs associated with school closure and STRF  
          eligibility, transcript and records database and administration,  
          and student outreach activities.  Finally, the amendments  
          specify, consistent with current law, that BPPE is responsible  
          for records and transcripts for all closed institutions.


          Despite the prevalence of states having a surety bond in  
          addition to STRF-type coverage, it is unclear if California  
          should also have duplicative coverage.  The STRF currently has  
          $28 million available to students, which is more than its  








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          statutory limit allows.  If an institution covered by a surety  
          bond closes, the bond itself would still not benefit students  
          for until STRF funds are expended or if the bond were to replace  
          STRF entirely.


          Instead, the surety bond should only cover costs associated with  
          a school closure that STRF does not cover, namely reimbursing  
          the BPPE for conducting outreach and education with respect to  
          educational and financial relief, managing student transcripts  
          and records, and fulfilling awards for punitive damages.


          AMENDMENTS:


          SECTION 1. Section 94874 of the Education Code is amended to  
          read:


          94874.  Except as provided in Section  94874.2,  Sections 94874.2  
          and 94886.5, the following are exempt from this chapter:


           (a) An institution that offers solely avocational or  
          recreational educational programs.


          (b) (1) An institution offering educational programs sponsored  
          by a bona fide trade, business, professional, or fraternal  
          organization, solely for that organization's membership.


          (2) (A) Except as provided in subparagraph (B), a bona fide  
          organization, association, or council that offers  
          preapprenticeship training programs, on behalf of one or more  
          Division of Apprenticeship Standards-approved labor-management  
          apprenticeship programs that satisfies one of the following  
          conditions:








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          (i) It is not on the Eligible Training Provider List established  
          and maintained by the California Workforce Investment Board but  
          has met the requirements for placement on the list.


          (ii) It is on the Eligible Training Provider List established  
          and maintained by the California Workforce Investment Board and  
          meets the requirements for continued listing.


          (B) If an organization, association, or council has been removed  
          from the Eligible Training Provider List established and  
          maintained by the California Workforce Investment Board for  
          failure to meet performance standards, it is not exempt until it  
          meets all applicable performance standards.


          (c) A postsecondary educational institution established,  
          operated, and governed by the federal government or by this  
          state or its political subdivisions.


          (d) An institution offering either of the following:


          (1) Test preparation for examinations required for admission to  
          a postsecondary educational institution.


          (2) Continuing education or license examination preparation, if  
          the institution or the program is approved, certified, or  
          sponsored by any of the following:


          (A) A government agency, other than the bureau, that licenses  
          persons in a particular profession, occupation, trade, or career  
          field.








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          (B) A state-recognized professional licensing body, such as the  
          State Bar of California, that licenses persons in a particular  
          profession, occupation, trade, or career field.


          (C) A bona fide trade, business, or professional organization.


          (e) (1) An institution owned, controlled, and operated and  
          maintained by a religious organization lawfully operating as a  
          nonprofit religious corporation pursuant to Part 4 (commencing  
          with Section 9110) of Division 2 of Title 1 of the Corporations  
          Code, that meets all of the following requirements:


          (A) The instruction is limited to the principles of that  
          religious organization, or to courses offered pursuant to  
          Section 2789 of Business and Professions Code.


          (B) The diploma or degree is limited to evidence of completion  
          of that education.


          (2) An institution operating under this subdivision shall offer  
          degrees and diplomas only in the beliefs and practices of the  
          church, religious denomination, or religious organization.


          (3) An institution operating under this subdivision shall not  
          award degrees in any area of physical science.


          (4) Any degree or diploma granted under this subdivision shall  
          contain on its face, in the written description of the title of  
          the degree being conferred, a reference to the theological or  
          religious aspect of the degree's subject area.








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          (5) A degree awarded under this subdivision shall reflect the  
          nature of the degree title, such as "associate of religious  
          studies," "bachelor of religious studies," "master of divinity,"  
          or "doctor of divinity."


          (f) An institution that does not award degrees and that solely  
          provides educational programs for total charges of two thousand  
          five hundred dollars ($2,500) or less when no part of the total  
          charges is paid from state or federal student financial aid  
          programs. The bureau may adjust this cost threshold based upon  
          the California Consumer Price Index and post notification of the  
          adjusted cost threshold on its Internet Web site, as the bureau  
          determines, through the promulgation of regulations, that the  
          adjustment is consistent with the intent of this chapter.


          (g) A law school that is accredited by the Council of the  
          Section of Legal Education and Admissions to the Bar of the  
          American Bar Association or a law school or law study program  
          that is subject to the approval, regulation, and oversight of  
          the Committee of Bar Examiners, pursuant to Sections 6046.7 and  
          6060.7 of the Business and Professions Code.


          (h) A nonprofit public benefit corporation that satisfies all of  
          the following criteria:


          (1) Is qualified under Section 501(c)(3) of the United States  
          Internal Revenue Code.


          (2) Is organized specifically to provide workforce development  
          or rehabilitation services.










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          (3) Is accredited by an accrediting organization for workforce  
          development or rehabilitation services recognized by the  
          Department of Rehabilitation.


          (i) An institution that is accredited by the Accrediting  
          Commission for Senior Colleges and Universities, Western  
          Association of Schools and Colleges, or the Accrediting  
          Commission for Community and Junior Colleges, Western  
          Association of Schools and Colleges.


          (j) An institution that satisfies all of the following criteria:


          (1) The institution has been accredited, for at least 10 years,  
          by an accrediting agency that is recognized by the United States  
          Department of Education.


          (2) The institution has operated continuously in this state for  
          at least 25 years.


          (3) During its existence, the institution has not filed for  
          bankruptcy protection pursuant to Title 11 of the United States  
          Code.


          (4) The institution's cohort default rate on guaranteed student  
          loans does not exceed 10 percent for the most recent three  
          years, as published by the United States Department of  
          Education.


          (5) The institution maintains a composite score of 1.5 or  
          greater on its equity, primary reserve, and net income ratios,  
          as provided under Section 668.172 of Title 34 of the Code of  
          Federal Regulations.








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          (6) The institution provides a pro rata refund of unearned  
          institutional charges to students who complete 75 percent or  
          less of the period of attendance.


          (7) The institution provides to all students the right to cancel  
          the enrollment agreement and obtain a refund of charges paid  
          through attendance at the second class session, or the 14th day  
          after enrollment, whichever is later.


          (8) The institution submits to the bureau copies of its most  
          recent IRS Form 990, the institution's Integrated Postsecondary  
          Education Data System Report of the United States Department of  
          Education, and its accumulated default rate.


          (9) The institution is incorporated and lawfully operates as a  
          nonprofit public benefit corporation pursuant to Part 2  
          (commencing with Section 5110) of Division 2 of Title 1 of the  
          Corporations Code and is not managed or administered by an  
          entity for profit.


          (k) Flight instruction providers or programs that provide flight  
          instruction pursuant to Federal Aviation Administration  
          regulations and meet both of the following criteria:


          (1) The flight instruction provider or program does not require  
          students to enter into written or oral contracts of  
          indebtedness.


          (2) The flight instruction provider or program does not require  
          or accept prepayment of instruction-related costs in excess of  
          two thousand five hundred dollars ($2,500).








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           SECTION 1  SEC. 2. 94886.5. (a)Before January 1, 2019, an  
          institution shall file with the bureau a surety bond in the  
          amount determined pursuant to subdivision (b). The amount  
          required to cover these costs shall be estimated by the  
          institution, pursuant to subdivision (a)(1) of this section. The  
          institutions may petition the bureau to lessen the amount of the  
          surety if the institution proves it is financially stable. The  
          bond shall be executed by the institution as principal and by a  
          surety company authorized to do business in this state. The bond  
          shall be continuous unless the surety is released pursuant to  
          this section.


          (a)(1)The surety filed with the bureau as required by this  
          section shall be calculated by the following formula: Tuition  
          for a program x Projected California Student Enrollment in that  
          program x Percentage of Program Length. Length is calculated by  
          dividing actual program length by one year (52 weeks or 12  
          months, as appropriate.) If the school offers more than one  
          program, each program is calculated separately and the results  
          totaled. The total amount calculated for a program or programs  
          shall be rounded to the nearest $1,000.


          (2) The bureau shall, through regulations, develop a process by  
          which an institution may petition to have its surety bond  
          lessened. The regulations shall include, but not be limited to,  
          establishing minimum evidence of financial stability.


           (b)The amount of the bond shall be equal to a reasonable  
          estimate of the maximum amount of tuition and fees to be  
          returned to students of the institution for the most expensive  
          period of attendance during the applicable academic year.  
          Following the initial filing of the bond with the bureau, the  
          amount of the bond shall be recalculated annually by the bureau  
          based upon a reasonable estimate of the maximum amount of  








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          tuition and fees to be returned to students anticipated by the  
          school for that period of attendance. The bond shall, to the  
          extent practicable, cover potential administrative costs  
          incurred by the bureau in an amount no less than 5 percent of  
          the total amount of the bond. In no case shall the amount of the  
          bond be less than five thousand dollars ($5,000). no less than  
          the total amount of tuition and fees charged by the institution  
          for the immediately preceding academic year, divided by four.  


            (c)  (b)   (1)  In the event that an institution that is required to  
          participate in the Student Tuition Recovery Fund, pursuant to  
          Article 14, ceases operation, the bureau shall make demand on  
          the surety of the institution to provide reimbursement to the  
          bureau to cover costs associated with that institution's  
          closure, including enforcement of this chapter, outreach and  
          education to students regarding available relief, and management  
          of student transcripts and  records, and administration of the  
          fund, and, if applicable, to provide punitive damages to  
          students pursuant to subdivision (g).  records.


           (2)  In the event that an institution  ceases operation,  that is  
          exempt from the act pursuant to Section 94784, but that is not  
          an independent institution of higher education, as defined in  
          Section 66010, that has operated in California as an independent  
          academic institution for at least 15 academic years, ceases  
          operation, the bureau shall make demand on the surety of the  
          institution  upon the request for a refund by a student or the  
          implementation of the teach-out for the students of the  
          institution according to the plan provided to the bureau  
          pursuant to Section 94926, and the surety shall pay the claims,  
          to the extent practicable, filed by students who have not  
          otherwise recovered their tuition and fees through a teach-out,  
          or from the Student Tuition Recovery Fund established in Section  
          94923. The bureau shall use the bond to reimburse the Student  
          Tuition Recovery Fund for all moneys paid from the fund for  
          claims that would have been otherwise recoverable under the  
          bond, except as provided in paragraph (4).  to provide  refunds of  








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          tuition and fees  payments to students for economic loss, as  
          defined in subdivision (f) of  Section 94923 and, if applicable,  
          punitive  Section 94923.  damages to students who were enrolled at  
          the time of the closure, or within 120 days before the closure,  
          if the bureau determines that there was a significant decline in  
          the quality or value of applicable educational programs offered  
          by the institution during that 120-day time period. damages  
          pursuant to subdivision (g). If Student Tuition Recovery Fund  
          reimbursements are processed for these students, the bureau  
          shall immediately notify the surety and use the surety to fully  
          reimburse the fund.  If the bureau fails to make the demand on  
          the surety within 120 days of closure, a student or group of  
          students of the closed institution may make a demand directly on  
          the surety of that institution to recover  refunds of tuition and  
          fees  economic loss and, if applicable, punitive damages to which  
          the student or students proves he or she is due. The surety  
          shall provide recovery to students for at least four years after  
          the closure of the institution or until the surety is depleted  
          of funds.  A student may, but is not required to, use his or her  
          recovery from the surety to pay for a teach-out or other  
          educational services.  The bureau may make demand on the surety of  
          the institution to provide reimbursement to the bureau to cover  
          costs associated with that institution's closure, including  
          outreach and education to the students regarding available  
          relief, management of student transcripts and records, and  
          administration of the bond.


           (2)The bureau shall develop and implement a process, and  
          necessary forms, for students enrolled in an institution ceasing  
          operation to file claims to the bureau to recover their tuition  
          and fees not recovered through a teach-out.


          (3)Any student enrolled in an institution ceasing operation who  
          does not file a claim to recover tuition and fees pursuant to  
          paragraph (2) may recover through a teach-out provided to  
          students of the institution ceasing operation through a contract  
          with a community college or any other arrangement approved by  








                                                                    AB 1916


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          the bureau. The teach-out provided to the student shall replace  
          the enrollment agreement or contract between the institution  
          ceasing operation and the student, except that fee and tuition  
          payments shall be made by the student as required by the  
          enrollment agreement or contract.


          (4)If the amount of the bond is less than the total tuition and  
          fees paid by all students declining the teach-out at the time  
          the institution ceased operation, the amount of the bond shall  
          be prorated among those students.


          (5)The Student Tuition Recovery Fund shall be used to cover  
          economic loss incurred by a student while enrolled at an  
          institution ceasing operation, including any prepaid tuition and  
          fees not recovered by the student under the bond.


          (6)The bond shall be used to provide recovery for students  
          enrolled in an institution at the time it ceases operation,  
          within 121 days of the institution ceasing operation, and, if  
          applicable, within a period of a declining quality of education,  
          as determined by the bureau, longer than 120 days before the  
          institution ceases operation.


           (d) Once an institution ceases operation, no new students shall  
          be enrolled.


          (e) An institution's approval to operate shall be suspended by  
          operation of law when the institution is no longer covered by a  
          surety bond as required by this section.  The bureau shall give  
          written notice to the institution at the last-known address, at  
          least 45 days prior to a release of a surety, to the effect that  
          approval shall be suspended by operation of law until another  
          surety bond is filed in the same manner and like amount as the  
          bond being released.  








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          (f) A surety on any bond filed under the provisions of this  
          section may be released after the surety or the institution  
          serves written notice to the bureau at least 60 days prior to  
          the release. The release shall not discharge or otherwise affect  
          any claim filed by any student for loss of tuition or any fees  
          that occurred while the bond was in effect or that occurred  
          under any note or contract executed during any period of time  
          when the bond was in effect, except when another bond is filed  
          in a like amount and provides indemnification for any loss.


          (g) For purposes of this section, and notwithstanding Section  
          94858, "institution" means, to the extent authorized by federal  
          law, a private postsecondary educational institution that offers  
          postsecondary education to the public in this state for an  
                                                                    institutional charge, but does not include an independent  
          institution of higher education, as defined in Section 66010,  
          that has operated in California as an independent academic  
          institution for no less than 15 academic years.


          (h) An institution, as defined in subdivision (g), shall on at  
          least a quarterly basis provide copies of records sufficient to  
          produce academic transcripts, and certify completion of the  
          degrees or other programs offered by the institution, to a third  
          party. The third party shall be independent of the institution,  
          financially stable, and capable of producing transcripts and  
          certifications, upon request, within two weeks of the closure of  
          the institution, and in perpetuity thereafter. The third party  
          shall charge a fee of no more than ten dollars ($10) per  
          transcript or certification it produces in the event of the  
          institution's closure, and it shall not withhold a transcript or  
          certification based on a student's nonpayment of a debt or  
          obligation to the institution or any other party.


           (i) The bond  (g) A surety bond as required by this section may  








                                                                    AB 1916


                                                                     Page 26





          be used to award punitive damages to a student of  an  the  
          applicable institution  that ceases operation and  is found, by a  
          court of law, to have violated state or federal law, or laws,  
          that caused or contributed to the student's economic loss.



           (h)

          (j) Tuition and fees for purposes of this section are both of  
          the following:


          (1) (A) Paid tuition and fees not recovered by the receipt of  
          academic credits.



          (2)Paid tuition and fees recovered by the receipt of academic  
          credits that are nontransferable to accredited institutions.

          (B) Tuition and fees pursuant to subparagraph (A) shall include  
          amounts paid under the Cal Grant Program (commencing with  
          Section 69430) of Part 42 of Division 5, the California National  
          Guard Education Assistance Award Program, as established in  
          Article 20.7 (commencing with Section 69999.10) of Chapter 2 of  
          Part 42 of Division 5, and the Post 9/11 GI Bill program, as  
          established in Chapter 33 (commencing with Section 3301) of  
          Title 38 of the United States Code, as it read on January 1,  
          2016.


          (2) Interest on educational loans incurred to pay tuition and  
          fees not recovered by the receipt of academic credits.  


          REGISTERED SUPPORT:  










                                                                    AB 1916


                                                                     Page 27





          Attorney General, Kamala Harris
          California Federation of Teachers
          The Institute for College Access and Success (if amended)


          REGISTERED OPPOSITION:  


          American Career College / West Coast University 
          Association of Private Postsecondary Schools
          University of Phoenix 
          Education Management Corporation 


          Analysis Prepared by:Gabby Nepomuceno / B. & P. / (916) 319-3301