Higher Education Reform and Opportunity Act of 2017
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in senate (Dec 13, 2017)
Higher Education Reform and Opportunity Act of 2017
This bill amends the Higher Education Act of 1965 to make postsecondary education courses and programs, such as apprenticeship programs, that provide credits toward a postsecondary certification, credential, or degree eligible for federal student aid funding if the programs and courses are accredited by a state that has an alternative accreditation agreement with the Department of Education.
The bill consolidates federal student loans into one student loan program and revises loan forgiveness for borrowers.
An institution that receives federal student aid funding must pay a default rate fine that is based on the default rate of loans made to its students.
What just happenedDec 13, 2017
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Who’s behind it
- Introduced in SenateDec 13, 2017
- Dec 13, 2017IntroReferral
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Health, Education, Labor, and Pensions Committee - Dec 13, 2017IntroReferral10000
Introduced in Senate