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Proposal:Accountability in Student Loan Data Act

This proposal is archived and closed to further debate. It was introduced in the 116th Congress, which has concluded, and the bill was not enacted into law.
Geographic Scope
National

Description

Accountability in Student Loan Data Act

This bill revises the method for calculating a cohort default rate (the measurement of how many borrowers default on their federal student loans within a certain time period), and it establishes penalties for institutions of higher education that have a certain percentage of graduates who default on their student loans.

Bill Title

Accountability in Student Loan Data Act

Linked Goals

Steps

  • 2019-10-11: Referred to the House Committee on Education and Labor.
  • 2019-10-11: Introduced in House
  • 2019-10-11: Introduced in House

Projected Outcome

A more informed proposal or public response aligned with the Promote General Welfare goal.