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H.R. 5126 · 117th Congress

Combating Predatory Lending in Higher Education Act of 2021

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IntroducedPassed one chamberPassed both chambersBecame law (gold)Resolution agreed to (full, dark)Failed or vetoed (gray)

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Never voted on. It didn't reach a floor vote before the 117th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

1 cosponsor · 1 R

0 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.

This bill includes Direct PLUS Loans that are made to graduate students and parents on behalf of dependent students in an institution of higher education's (IHE's) cohort default rate. This rate is the percentage of an IHE's borrowers who enter repayment and default on certain student loans.

What it does: CRS summary · Introduced in House · Aug 27, 2021

Combating Predatory Lending in Higher Education Act of 2021

This bill includes Direct PLUS Loans that are made to graduate students and parents on behalf of dependent students in an institution of higher education's (IHE's) cohort default rate. This rate is the percentage of an IHE's borrowers who enter repayment and default on certain student loans.

Further, the Department of Education must include this information in its annual report on cohort default rates.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: Combating Predatory Lending in Higher Education Act of 2021

Latest action (Aug 27, 2021): Referred to the House Committee on Education and Labor.

Policy area: Education · Origin: House · Introduced: Aug 27, 2021

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.