HR 5838 · 114th Congress · Education

Transparency in Student Lending Act

Introduced 2016-07-14· Sponsored by Rep. Hultgren, Randy [R-IL-14]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Subcommittee on Higher Education and Workforce Training.(2016-09-19)

Plain Language Summary

[AI summary unavailable — showing source text] Transparency in Student Lending Act This bill amends title IV (Student Assistance) of the Higher Education Act of 1965 to expand disclosure requirements for an institution of higher education (IHE) that participates in the Direct Loan program. Specifically, it requires an IHE to disclose, in federal student loan application materials, the annual percentage rate applicable to a Direct Loan.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (4)

2 Democrats2 Republicans
Rep. Carney, John C., Jr. [D-DE-At Large]DE
Rep. Messer, Luke [R-IN-6]IN
Rep. Scott, David [D-GA-13]GA
Rep. Pearce, Stevan [R-NM-2]NM