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Bill > HR7964
US HR7964
US HR7964STUDENT Act Student Transparency for Understanding Decisions in Education Net Terms Act
summary
Introduced
06/07/2022
06/07/2022
In Committee
06/07/2022
06/07/2022
Crossed Over
Passed
Dead
01/03/2023
01/03/2023
Introduced Session
117th Congress
Bill Summary
A BILL To require disclosure of the total amount of interest that would be paid over the life of a loan for certain Federal student loans.
AI Summary
This bill, called the STUDENT Act (Student Transparency for Understanding Decisions in Education Net Terms Act), requires the disclosure of the total amount of interest that would be paid over the life of a federal student loan, based on a standard 10-year repayment plan. This is an amendment to the Higher Education Act of 1965, aimed at providing students with more transparent information about the long-term costs of their student loans before they borrow.
Committee Categories
Education
Sponsors (3)
Last Action
Referred to the House Committee on Education and Labor. (on 06/07/2022)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://www.congress.gov/bill/117th-congress/house-bill/7964/all-info | 06/08/2022 |
| BillText | https://www.congress.gov/117/bills/hr7964/BILLS-117hr7964ih.pdf | 06/10/2022 |
| Bill | https://www.congress.gov/117/bills/hr7964/BILLS-117hr7964ih.pdf.pdf | 06/10/2022 |
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