Bill117th CongressFiled Aug 4, 2022Education
S. 4772
COLLEGE Act
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in senate (Aug 4, 2022)
Changing Our Learning, Loans, Endowments, and Graduation Expectations Act or the COLLEGE Act
This bill requires institutions of higher education (IHEs) to provide cost-match awards to enrolled students based on the size of the IHE's endowment fund, makes IHEs responsible for a percentage of the student loan balance of students who are in default, and establishes related reporting requirements.
What just happenedAug 4, 2022
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Who’s behind it
Sen. Scott, Rick [R-FL](R-FL)Sponsor
1committees2actions
- Introduced in SenateAug 4, 2022
- Aug 4, 2022IntroReferral
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Health, Education, Labor, and Pensions Committee - Aug 4, 2022IntroReferral10000
Introduced in Senate