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Bill > HB722
NH HB722
NH HB722Relative to establishing causes of actions against educational institutions that charge excessive tuition rates.
summary
Introduced
01/22/2025
01/22/2025
In Committee
03/17/2025
03/17/2025
Crossed Over
Passed
Dead
Introduced Session
2025 Regular Session
Bill Summary
This bill: I. Creates criminal penalties for educational institutions that charge excessive tuition rates. II. Creates civil rights of action against educational institutions that charge excessive tuition rates.
AI Summary
This bill, known as the New Hampshire Predatory College Degree Consumer Protection Act, establishes a legal framework to protect students from excessive tuition rates at post-secondary educational institutions. The bill creates a mechanism to determine whether tuition is unreasonable by comparing the total program cost to graduates' potential earnings. Specifically, if 30% of a graduate's average four-year, inflation-adjusted salary is insufficient to cover annual loan payments on a 10-year schedule, the institution would be in violation of the law. Educational institutions found to be charging excessive tuition could be held liable for refunding the total cost of tuition and fees to students, with a 10-year statute of limitations for civil actions. The bill provides some protections for institutions, such as immunity from action if a non-U.S. citizen signs a waiver acknowledging the potentially abusive nature of the degree program. Additionally, the bill caps attorney fees for class action lawsuits at 10% of the total amount awarded and is set to take effect on January 1, 2026. The legislation aims to create accountability in higher education pricing and protect students from what it considers predatory tuition practices.
Committee Categories
Justice
Sponsors (1)
Last Action
Inexpedient to Legislate: Motion Adopted Voice Vote 03/26/2025 House Journal 10 P. 39 (on 03/26/2025)
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
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State Bill Page | https://gc.nh.gov/bill_status/legacy/bs2016/bill_status.aspx?lsr=0688&sy=2025&sortoption=&txtsessionyear=2025&txtbillnumber=HB722 |
BillText | https://gc.nh.gov/bill_status/legacy/bs2016/billText.aspx?sy=2025&id=695&txtFormat=html |
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