Bill117th CongressFiled May 27, 2022Education
H.R. 7895
Combating Excessive Student Debt Act of 2022
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in house (May 27, 2022)
Combating Excessive Student Debt Act of 2022
This bill generally prohibits new Federal Direct PLUS Loans from being made to student loan borrowers on or after July 1, 2023. Additionally, the bill limits the percentage of institutional revenue that may be derived from these loans.
What just happenedMay 27, 2022
Referred to the House Committee on Education and Labor.
Who’s behind it
Rep. Rice, Tom [R-SC-7](R-SC)Sponsor
1committees3actions
- Introduced in HouseMay 27, 2022
- May 27, 2022IntroReferralH11100
Referred to the House Committee on Education and Labor.
Education and the Workforce Committee - May 27, 2022IntroReferralIntro-H
Introduced in House
- May 27, 2022IntroReferral1000
Introduced in House