S. 4912 · 117th Congress
Make the Universities Pay 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.
No cosponsors.
This bill requires institutions of higher education (IHEs) to take certain actions related to federal student loans and addresses other related issues.
What it does: CRS summary · Introduced in Senate · Sep 21, 2022
Make the Universities Pay Act
This bill requires institutions of higher education (IHEs) to take certain actions related to federal student loans and addresses other related issues.
For example, the bill (1) makes each IHE participating in the Federal Direct Loan Program liable for 50% of any student loan balance that is in default and was used toward the cost of attendance at the IHE, and (2) expands the instances in which student loans may be discharged in bankruptcy.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Make the Universities Pay Act
Latest action (Sep 21, 2022): Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Policy area: Education · Origin: Senate · Introduced: Sep 21, 2022
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.