The Christian institution is suspending education activities indefinitely after its board determined it “could not continue academic operations responsibly.”
The proposed legislation moves to the full Senate just weeks after the House introduced 10 bills that would codify some of the agency’s transfers.
Under the initiative, companies will provide funding so students can conduct dissertation research at their sites for at least a year.
Similar proposals have kicked around for years in Congress, but they’ve yet to become law despite sharpened public scrutiny of the practice.