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Student Loan Reform Act

USA116th CongressHR-3786| House 
| Updated: 7/16/2019
Scott Perry

Scott Perry

Republican Representative

Pennsylvania

Cosponsors (1)
Tom Cole (Republican)

Education and Workforce Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Student Loan Reform Act This bill requires the Department of Education to carry out a program that allows participating institutions of higher education (IHEs) to cosign certain Federal Direct Loans made to its enrolled students. An IHE that participates in the program assumes the obligation to repay the outstanding balance of principal and interest due on the loan over 10 years if the borrower defaults on the loan.
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Timeline
Jul 16, 2019
Introduced in House
Jul 16, 2019
Referred to the House Committee on Education and Labor.
  • July 16, 2019
    Introduced in House
  • July 16, 2019
    Referred to the House Committee on Education and Labor.

Education

Debt collectionGovernment information and archivesGovernment lending and loan guaranteesHigher educationInterest, dividends, interest ratesSchool administrationStudent aid and college costs

Student Loan Reform Act

USA116th CongressHR-3786| House 
| Updated: 7/16/2019
Student Loan Reform Act This bill requires the Department of Education to carry out a program that allows participating institutions of higher education (IHEs) to cosign certain Federal Direct Loans made to its enrolled students. An IHE that participates in the program assumes the obligation to repay the outstanding balance of principal and interest due on the loan over 10 years if the borrower defaults on the loan.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Jul 16, 2019
Introduced in House
Jul 16, 2019
Referred to the House Committee on Education and Labor.
  • July 16, 2019
    Introduced in House
  • July 16, 2019
    Referred to the House Committee on Education and Labor.
Scott Perry

Scott Perry

Republican Representative

Pennsylvania

Cosponsors (1)
Tom Cole (Republican)

Education and Workforce Committee

Education

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Debt collectionGovernment information and archivesGovernment lending and loan guaranteesHigher educationInterest, dividends, interest ratesSchool administrationStudent aid and college costs