; (3) notwithstanding any other provision of law, institutions of higher education providing covered programs shall not be required to report the debt-to-earnings rates of covered programs on any consumer disclosures relating to gainful employment; and (4) the Secretary shall not determine any covered program ineligible to participate in programs authorized under title IV of the Higher Education Act of 1965 ( 20 U.S.C. 1070 et seq.) due to the application of the Rule. (c) Study The Secretary, jointly with the Commissioner of the Internal Revenue Service, shall carry out a study to develop a method of adjusting earnings data under the Rule to account for the underreporting of income by graduates of covered programs. (d) Definitions In this Act: (1) Covered program The term covered program means an educational program that— (A) is designed to lead to gainful employment (as that term is used in sections 101(b) and 102(b) of the Higher Education Act of 1965) ( 20 U.S.C. 1001(b) ; 1002(b)); and (B) is identified by Department of Education Classification of Instructional Program codes 12.0401 through 12.0499, 51.3306, or 51.3501. (2) Institution of higher education The term institution of higher education means an institution described in section 101(b) or section 102(b) of the Higher Education Act of 1965 ( 20 U.S.C. 1001(b) ; 1002(b)). (3) Secretary The term Secretary means the Secretary of Education.