MA H43

Bill

Relative to student debt

Introduced
01/22/2019

In Committee
01/22/2019

Crossed Over

Passed

Dead
12/31/2020

Introduced Session

191st General Court

Bill Summary

So much of the recommendations of the Department of the State Treasurer (House, No. 27) as relates to student debt. Higher Education.

AI Summary

This bill requires the University of Massachusetts, in consultation with the Office of the State Treasurer and the Department of Higher Education, to develop a pilot program on a single campus that provides enrolled students with an estimate of their total outstanding or pending student loan obligations. The notice shall include an estimate of the total amount of education loans incurred by the student, an estimate of the total potential payoff amount or a range of the total payoff amount, and an estimate of the monthly repayment amounts that a similarly situated borrower may incur, including principal and interest, for the amount of loans the student has taken out. The University of Massachusetts shall report the results of the pilot program, along with any recommendations regarding whether such a notice should be provided to additional students, to the clerks of the House and Senate, who shall forward the same to the Joint Committee on Higher Education, not later than one year from the effective date of this act.

Committee Categories

Education

Sponsors (0)

No sponsors listed

Last Action

Accompanied a study order, see H5209 (on 12/23/2020)

Official Document

https://malegislature.gov/Bills/191/H43

(8 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://malegislature.gov/Bills/191/H43
Bill	https://malegislature.gov/Bills/191/H43.pdf

Bill	Bill Name	Last Action	Type
H31	Relative to surety bonds	Accompanied a study order, see H5160	Similar To
H33	Relative to motor vehicles and aircraft	Bill reported favorably by committee and referred to the committee on House Ways and Means	Similar To
H34	Relative to Treasury operations	Bill reported favorably by committee and referred to the committee on House Ways and Means	Similar To
H35	Relative to the SMART Plan	Accompanied a study order, see H5039	Similar To
H36	Relative to the 401(k) CORE program	Bill reported favorably by committee and referred to the committee on House Ways and Means	Similar To
H39	Relative to Lottery compliance investigations	Accompanied a new draft, see H4300	Similar To
H47	Relative to eligible prior service	Bill reported favorably by committee and referred to the committee on House Steering, Policy and Scheduling	Similar To
H5209	Study Order - Higher Education Financing	Discharged to the committee on House Rules	Replaced by

Bill > H43

MA H43

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (0)

Last Action

Official Document

bill text

bill summary

bill summary

bill summary