To require the Comptroller General to submit a report on the transfer of student debt functions from the Department of Education to the Department of the Treasury, including costs of such a transfer and the mitigation of the duplication of duties by Federal agencies, and for other purposes.
This bill requires the Government Accountability Office (GAO) to study and report on the potential impact of transferring the functions of the Office of Federal Student Aid from the Department of Education to the Department of the Treasury. In conducting the study, the GAO must consult with stakeholders (e.g., institutions of higher education).
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Timeline
Introduced in House
Referred to the House Committee on Education and Labor.
Introduced in House
Referred to the House Committee on Education and Labor.
Education
Congressional oversightDepartment of EducationDepartment of the TreasuryExecutive agency funding and structureGovernment employee pay, benefits, personnel managementGovernment studies and investigationsHigher educationStudent aid and college costs
To require the Comptroller General to submit a report on the transfer of student debt functions from the Department of Education to the Department of the Treasury, including costs of such a transfer and the mitigation of the duplication of duties by Federal agencies, and for other purposes.
USA117th CongressHR-1981| House
| Updated: 3/17/2021
This bill requires the Government Accountability Office (GAO) to study and report on the potential impact of transferring the functions of the Office of Federal Student Aid from the Department of Education to the Department of the Treasury. In conducting the study, the GAO must consult with stakeholders (e.g., institutions of higher education).
Congressional oversightDepartment of EducationDepartment of the TreasuryExecutive agency funding and structureGovernment employee pay, benefits, personnel managementGovernment studies and investigationsHigher educationStudent aid and college costs