HR 7727 · 117th Congress · Education
Accountability in Student Loan Data Act of 2022
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Education and Labor.(2022-05-11)
Plain Language Summary
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Accountability in Student Loan Data Act of 2022 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