HR 3452 · 118th Congress · Education

Combating Predatory Lending in Higher Education Act of 2023

Introduced 2023-05-17· Sponsored by Rep. Van Duyne, Beth [R-TX-24]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Education and the Workforce.(2023-05-17)

Plain Language Summary

[AI summary unavailable — showing source text] Combating Predatory Lending in Higher Education Act of 2023 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.…

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