Ask AI
S. 4772

COLLEGE Act

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.

Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

Sen. Scott, Rick [R-FL](R-FL)Sponsor
1committees2actions
  1. IntroReferral

    Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

    Health, Education, Labor, and Pensions Committee
  2. IntroReferral10000

    Introduced in Senate

COLLEGE Act — Informed