HR 4662 · 116th Congress · Education
Accountability in Student Loan Data Act
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Education and Labor.(2019-10-11)
Plain Language Summary
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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.…
Summarized by Claude AI · Non-partisan · For informational purposes only