108 STAT. 3972
PUBLIC LAW 103-382—OCT. 20, 1994
SEC. 360C. FEDERAL INSURANCE FOR BONDS.
Subsection (b) of section 723 of the Higher Education Act of
1965 (20 U.S.C. 1132c-2(b)) is amended—
(1) in paragraph (8)—
(A) in subparagraph (A), by inserting ", with each
eligible institution required to maintain in the escrow
account an amount equal to 10 percent of the outstanding
principal of all loans made to such institution under this
part" before the semicolon; and
(B) by amending clause (ii) of subparagraph (B) to
read as follows:
"(ii) shall be used to return to an eligible institution an amount equal to any remaining portion of
such institution's 10 percent deposit of loan proceeds
following scheduled repayment of such institution's
loan;"; and
(2) in paragraph (11), by striking "regulations" and inserting "conditions".
SEC. 360D. GRANTS TO STATES FOR WORKPLACE AND COMMUNITY
TRANSITION TRAINING FOR INCARCERATED YOUTH
OFFENDERS.
Title X of the Higher Education Act of 1965 (20 U.S.C. 1135
et seq.) is amended by adding at the end the following new part:
" PA RT E —GRANTS TO STATES FOR WORKPLACE AND
COMMUNITY TRANSITION TRAINING FOR INCARCER-
ATED YOUTH OFFENDERS
20 USC 113r)g.
"SEC. 1091. GRANTS TO STATES FOR WORKPLACE AND COMMUNITY
TRANSITION TRAINING FOR INCARCERATED YOUTH
OFFENDERS.
"(a) FINDINGS.— The Congress finds the following:
"(1) Over 150,000 youth offenders age 21 and younger
are incarcerated in the Nation's jails, juvenile facilities, and
prisons.
"(2) Most youth offenders who are incarcerated have been
sentenced as first-time adult felons.
"(3) Approximately 75 percent of youth offenders are high
school dropouts who lack basic literacy and life skills, have
little or no job experience, and lack marketable skills.
"(4) The average incarcerated youth has attended school
only through grade 10.
"(5) Most of these youths can be diverted from a life of
crime into productive citizenship with available educational,
vocational, work skills, and related service programs.
"(6) If not involved with educational programs while incarcerated, almost all of these youths will return to a life of
crime upon release.
"(7) The average length of sentence for a youth offender
is about 3 years. Time spent in prison provides a unique opportunity for education and training.
"(8) Even with quality education and training provided
during incarceration, a period of intense supervision, support,
and counseling is needed upon release to ensure effective
reintegration of youth offenders into society.
�