S. 2124 · 116th Congress
Skin in the Game Act
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Never voted on. It didn't reach a floor vote before the 116th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
HawleySponsorNo cosponsors.
This bill requires each institution of higher education (IHE) participating in the federal direct student loan program to pay 50% of any student loan balance that is in default for a loan that was used toward the cost of attendance at such IHE.
What it does: CRS summary · Introduced in Senate · Jul 16, 2019
Skin in the Game Act
This bill requires each institution of higher education (IHE) participating in the federal direct student loan program to pay 50% of any student loan balance that is in default for a loan that was used toward the cost of attendance at such IHE.
An IHE may not increase the costs of attendance in order to offset its liability to pay such balances.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Skin in the Game Act
Latest action (Jul 16, 2019): Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Policy area: Education · Origin: Senate · Introduced: Jul 16, 2019
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.