118th Congress Education
H.R. 3452: Combating Predatory Lending in Higher Education Act of 2023
Introduced
- Introduced (completed)
- Passed House (not reached)
- Passed Senate (not reached)
- To the President (not reached)
- Became law (not reached)
Summary
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.
Written by the Congressional Research Service, Library of Congress.
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History
- Introduced in the House by Beth Van Duyne.
Show the full action history (2 actions)
- Introduced in House
- Referred to the House Committee on Education and the Workforce.