1. Short title This Act may be cited as the Common Sense Opportunities Act . 2. Application status Section 402A(c)(7) of the Higher Education Act of 1965 ( 20 U.S.C. 1070a–11(c)(7) ) is amended— (1) by striking The Secretary shall inform each entity operating programs and inserting the following: (A) In general The Secretary shall inform each entity operating programs ; and (2) by adding at the end the following: (B) Deadline review Not later than 6 months after the date of enactment of the Common Sense Opportunities Act , the Secretary shall— (i) review the Department's history of complying with the not less than 8 month notification deadlines provided under subparagraph (A), including instances of when and why the Department failed to meet such a deadline; (ii) identify whether such deadlines could be better aligned with the program year of entities operating programs under this chapter to prevent disruption for such entities and the services the entities provide