H.R. 3452 · 118th Congress
Combating Predatory Lending in Higher Education Act of 2023
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Never voted on. It didn't reach a floor vote before the 118th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
Van DuyneSponsorNo cosponsors.
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 · May 17, 2023
Combating Predatory Lending in Higher Education Act of 2023
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 2023
Latest action (May 17, 2023): Referred to the House Committee on Education and the Workforce.
Policy area: Education · Origin: House · Introduced: May 17, 2023
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.