summary
Introduced
01/22/2019
01/22/2019
In Committee
01/22/2019
01/22/2019
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
191st General Court
Bill Summary
Relative to providing notices of the total outstanding or pending loan obligations for University of Massachusetts students. Higher Education.
AI Summary
This bill requires the University of Massachusetts, in consultation with the state treasurer's office 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 would 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. The University of Massachusetts must report the results of the pilot program and any recommendations to the state legislature within one year of the bill's effective date.
Committee Categories
Education
Sponsors (13)
Brian Ashe (D),
David Biele (D),
Ann-Margaret Ferrante (D),
Carlos González (D),
Mary Keefe (D),
Kathy LaNatra (D),
David LeBoeuf (D),
Brian Murray (D),
Jeff Roy (D),
Jon Santiago (D),
José Tosado (D),
Steve Ultrino (D),
Tommy Vitolo (D),
Last Action
Accompanied a study order, see H5209 (on 12/23/2020)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/191/H1210 |
| Bill | https://malegislature.gov/Bills/191/H1210.pdf |
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