S.Amdt. 2689

SA 2689. Mrs. MURRAY submitted an amendment intended to be proposed
to amendment SA 2360 proposed by Mr. Thune (for Mr. Graham) to the bill
H.R. 1, to provide for reconciliation pursuant to title II of H. Con.
Res. 14; which was ordered to lie on the table; as follows:

Beginning on page 808, strike line 21 and all that follows
through line 17 on page 809 and insert the following:

``(IV) for each award year, the median earnings of students
who received Federal financial aid under this title and who
completed the program 1 year prior to the award year are not
less than the median earnings of a working adult, as defined
under subparagraph (B), and as calculated in accordance with
subparagraph (B).

``(B) Calculation of median earnings.--
``(i) Working adult.--For the purposes of applying
subclause (IV) of subparagraph (A)(iv), a working adult
described in this subparagraph is a working adult who, for
the corresponding year--

``(I) is aged 25 to 34;
``(II) is not enrolled in an institution of higher
education; and
``(III) has only a high school diploma or its recognized
equivalent.

``(ii) Source of data.--For the purposes of applying
subclause (IV) of subparagraph (A)(iv), the median earnings
of a working adult, as described in clause (i), shall be
based on data from the Bureau of the Census--

``(I) for the State in which the institution is located; or
``(II) if fewer than 50 percent of the students enrolled in
the institution reside in the State where the institution is
located, for the entire United States.

``(iii) Small cohorts.--For any year for which the number
of completers for an educational program of an institution is
fewer than 30 individuals, the Secretary shall--

``(I) first, aggregate additional years of programmatic
data in order to achieve a cohort of at least 30 individuals;
and
``(II) second, in cases in which the cohort (including the
individuals added under subclause (I)) is still fewer than 30
individuals, aggregate additional cohort years of
programmatic data for educational programs of equivalent
length in order to achieve a cohort of at least 30
individuals.''.

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