An amendment directing the Secretary of Education to identify a group of institutions to serve as a control group for comparison with institutions offering income contingent loans demonstration projects.

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Amendment Number
459
Description
An amendment directing the Secretary of Education to identify a group of institutions to serve as a control group for comparison with institutions offering income contingent loans demonstration projects.
Purpose
Amendment permits 20 percent of the loans in the direct loan demonstration project to be repaid on an income-contingent basis. Income contingency would be offered to borrowers in the direct loan demonstration and those in the control group of Guaranteed Student Loans.
Congress
102
Type
HAMDT
Latest Action Date
Mar 26, 1992
Latest Action Text
On agreeing to the Coleman (MO) amendment (A013) Agreed to by voice vote.
Latest Action Time
13:47:16
Submitted Date
Mar 26, 1992
Chamber
House of Representatives
Update Date
Jun 7, 2021
Amendment 459 — Informed