Combating Predatory Lending in Higher Education Act of 2021

United States117th CongressHR-5126House of Representatives
Updated: Aug 27, 2021

Summary

Combating Predatory Lending in Higher Education Act of 2021 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.

Bill texts

Available versions
Introduced (House)View official text

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Timeline

  1. Referred to the House Committee on Education and Labor.

    House of Representatives

  2. Introduced in House

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