H.R. 1429 · 115th Congress
LEADS Act of 2017
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Never voted on. It didn't reach a floor vote before the 115th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
9 cosponsors · 2 D, 7 R
6 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Letter of Estimated Annual Debt for Students Act of 2017 or the LEADS Act of 2017
What it does: CRS summary · Introduced in House · Mar 8, 2017
Letter of Estimated Annual Debt for Students Act of 2017 or the LEADS Act of 2017
This bill amends title IV (Student Assistance) of the Higher Education Act of 1965 to require an institution of higher education that participates in federal student aid programs to provide an annual estimate of borrowing costs to each enrolled student who receives an education loan. The cost estimate must include the student's cumulative education loan balance, projected monthly payment amount, and interest rate on each loan.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: LEADS Act of 2017
Also known as: Letter of Estimated Annual Debt for Students Act of 2017
Latest action (Mar 8, 2017): Referred to the House Committee on Education and the Workforce.
Policy area: Education · Origin: House · Introduced: Mar 8, 2017
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.