House Bill 4662
116th Congress(2019-2020)
Accountability in Student Loan Data Act
Introduced
Introduced in House on Oct 11, 2019
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
4662
Congress
116
Policy Area
Education
Education
Primary focus of measure is elementary, secondary, or higher education including special education and matters of academic performance, school administration, teaching, educational costs, and student aid.
No House votes have been held for this bill.
Summary
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.
October 11, 2019
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10/11/2019
Referred to the House Committee on Education and Labor.
10/11/2019
Introduced in House
Public Record
Record Updated
Nov 1, 2022 1:49:41 PM