H.R. 6053 · 117th Congress
Protect Minority Student Borrowers Act
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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.
D
VelaSponsorNo cosponsors.
This bill prohibits discrimination on the basis of a credit applicant's institution of higher education (IHE).
What it does: CRS summary · Introduced in House · Nov 18, 2021
Protect Minority Student Borrowers Act
This bill prohibits discrimination on the basis of a credit applicant's institution of higher education (IHE).
Specifically, the bill makes it unlawful for a private educational lender to discriminate against a credit applicant based on the IHE that the applicant plans to attend, currently attends, or previously attended. The Department of Justice may bring a civil action against a private educational lender for violations.
The bill also requires the Government Accountability Office to study and report on the extent to which private educational lenders discriminate against applicants who attend minority-serving IHEs.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Protect Minority Student Borrowers Act
Latest action (Nov 18, 2021): Referred to the House Committee on Financial Services.
Policy area: Finance and Financial Sector · Origin: House · Introduced: Nov 18, 2021
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.