H. R. 7879 seeks to amend the Higher Education Act of 1965 by adding court-ordered receivership to the actions that result in a change of ownership for institutions of higher education. This means if a court orders a receivership, it is considered a formal change in who...
Simple Explanation
This bill is like a new rule saying if a school is in big trouble and the court steps in to help run it, it's like the school has a new boss.