Bill116th CongressFiled Jul 16, 2019Education
H.R. 3786
Student Loan Reform Act
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in house (Jul 16, 2019)
Student Loan Reform Act
This bill requires the Department of Education to carry out a program that allows participating institutions of higher education (IHEs) to cosign certain Federal Direct Loans made to its enrolled students.
An IHE that participates in the program assumes the obligation to repay the outstanding balance of principal and interest due on the loan over 10 years if the borrower defaults on the loan.
What just happenedJul 16, 2019
Referred to the House Committee on Education and Labor.
Who’s behind it
Rep. Perry, Scott [R-PA-10](R-PA)Sponsor
1 cosponsor1 R
1cosponsors1committees3actions7subjects
- Introduced in HouseJul 16, 2019
- Jul 16, 2019IntroReferralH11100
Referred to the House Committee on Education and Labor.
Education and the Workforce Committee - Jul 16, 2019IntroReferralIntro-H
Introduced in House
- Jul 16, 2019IntroReferral1000
Introduced in House