| Bill | HR 4662 |
|---|---|
| Type of Legislation | House Bill |
| Congress | 116 |
| Source | View original on Congress.gov |
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.