Combating Predatory Lending in Higher Education Act of 2021
Summary
Combating Predatory Lending in Higher Education Act of 2021 This bill includes Direct PLUS Loans that are made to graduate students and parents on behalf of dependent students in an institution of higher education's (IHE's) cohort default rate. This rate is the percentage of an IHE's borrowers who enter repayment and default on certain student loans. Further, the Department of Education must include this information in its annual report on cohort default rates.
Bill status
in committee
1 of 4 stages cleared
Introduction
Aug 2021
Committee Review
Floor Vote
President
Introduced Aug 27, 2021
Last action Aug 27, 2021
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Aug 27, 2021
Committee
Referred to the House Committee on Education and Labor.
lower
Aug 27, 2021
Introduced
Introduced in House
lower
1 primary · 1 co-sponsor
Sponsors
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