Student Protection and Success Act

[AI summary unavailable — showing source text] [Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [S. 4114 Introduced in Senate (IS)] <DOC> 119th CONGRESS 2d Session S. 4114 To amend the Higher Education Act of 1965 to provide for institutional ineligibility based on low cohort repayment rates and to require risk- sharing payments of institutions of higher education. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES March 17, 2026 Mrs. Shaheen (for herself and Mr. Young) introduced the following bill; which was read twice and referred to the Committee on Health, Education, Labor, and Pensions _______________________________________________________________________ A BILL To amend the Higher Education Act of 1965 to provide for institutional ineligibility based on low cohort repayment rates and to require risk- sharing payments of institutions of higher education. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Student Protection and Success Act''. SEC. 2. INSTITUTIONAL INELIGIBILITY BASED ON LOW COHORT REPAYMENT RATE. (…