Relates to degree-granting proprietary colleges; creates the proprietary college tuition reimbursement account for the refund of tuition paid by eligible students asserting certain violations; establishes an assessment to be paid by proprietary schools to fund the account.

The bill establishes a fund to reimburse students who have paid tuition to proprietary colleges if they claim certain violations have occurred. It requires these colleges to contribute to the fund through an assessment. This aims to protect students and ensure they can recover their tuition if they are wronged.

Supporters of the bill would highlight its commitment to student rights and financial protection, ensuring that proprietary colleges are held accountable for their actions. They would emphasize that this measure provides a safety net for students, promoting transparency and fairness in higher education.

Critics might argue that the bill imposes additional financial burdens on proprietary colleges, which could lead to increased tuition costs for students. They may also contend that it could discourage educational institutions from operating in New York, ultimately limiting choices for students seeking vocational training.