OVERSIGHT OF EDUCATIONAL INSTITUTIONS WITH APPROVED PROGRAMS: RISK-BASED SURVEYS.

SEC. 1013. OVERSIGHT OF EDUCATIONAL INSTITUTIONS WITH APPROVED PROGRAMS: RISK-BASED SURVEYS. (a) Risk-based Surveys.— (1) In general.—Subchapter I of chapter 36 of title 38, United States Code, is amended by inserting after section 3673 the following new section: “SEC. 3673A. [38 U.S.C. 3673A] Risk-based surveys “(a) Development Required.—The Secretary, in partnership with State approving agencies, shall develop a searchable risk-based survey for oversight of educational institutions with courses and programs of education approved under this chapter. “(b) Scope.—(1) The scope of the risk-based survey developed under subsection (a) shall be determined by the Secretary, in partnership with the State approving agency. “(2) At a minimum the scope determined under paragraph (1) shall include the following: “(A) Rapid increase in veteran enrollment. “(B) Rapid increase in tuition and fees. “(C) Complaints tracked and published with the mechanism required by section 3698(b)(2) from students pursuing programs of education with educational assistance furnished under laws administered by the Secretary, based on severity or volume of the complaints. “(D) Compliance with section 3680A(d)(1) of this title. “(E) Veteran completion rates. “(F) Indicators of financial stability. “(G) Review of the advertising and recruiting practices of the educational institution, including those by third-party contractors of the educational institution. “(H) Matters for which the Federal Government or a State Government brings an action in a court of competent jurisdiction against an educational institution, including matters in cases in which the Federal Government or the State comes to a settled agreement on such matters outside of the court. “(c) Database.—The Secretary, in partnership with the State approving agencies under this chapter, shall establish a database or use an existing system, as the Secretary considers appropriate, to serve as a central repository for information required for or collected during site visits for the risk-based survey developed under subsection (a), so as to improve future oversight of educational institutions with programs of education approved under this chapter.” . (2) [38 U.S.C. 3670] Clerical amendment.—The table of sections at the beginning of chapter 36 of such title is amended by inserting after the item relating to section 3673 the following new item: “3673A. Risk-based surveys.” . (b) Use of State Approving Agencies for Oversight Activities.— (1) In general.—Section 3673(d) of title 38, United States Code, is amended— (A) by striking “may” and inserting “shall”; and (B) by striking “compliance and risk-based surveys” and inserting “a risk-based survey developed under section 3673A of this title”. (2) [38 U.S.C. 3673 note] Effective date.—The amendment made by paragraph (1) shall take effect on October 1, 2022.