H.R. 1928: Proprietary Institution of Higher Education Accountability Act

Introduced:
May 09, 2013
Status:
Referred to Committee
Prognosis
0% chance of being enacted
Track this bill
Sponsor
Rosa DeLauro
Representative for Connecticut's 3rd congressional district
Party
Democrat
Text
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Last Updated
May 09, 2013
Length
3 pages
 
Status

This bill was assigned to a congressional committee on May 9, 2013, which will consider it before possibly sending it on to the House or Senate as a whole.

Progress
Introduced May 09, 2013
Referred to Committee May 09, 2013
Reported by Committee ...
Passed House ...
Passed Senate ...
Signed by the President ...
Prognosis

2% chance of getting past committee.
0% chance of being enacted.

Only 11% of bills made it past committee and only about 3% were enacted in 2011–2013. [show factors | methodology]

 
Full Title

To clarify the calculation of cohort default rates for proprietary institutions of higher education under the Higher Education Act of 1965.

Summary

No summaries available.

Cosponsors
4 cosponsors (4D) (show)
Committees

House Education and the Workforce

Higher Education and Workforce Training

The committee chair determines whether a bill will move past the committee stage.

 
Primary Source

THOMAS.gov (The Library of Congress)

GovTrack gets most information from THOMAS, which is updated generally one day after events occur. Activity since the last update may not be reflected here. Data comes via the congress project.

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Notes

H.R. stands for House of Representatives bill.

A bill must be passed by both the House and Senate in identical form and then be signed by the president to become law.

The bill’s title was written by its sponsor.

GovTrack’s Bill Summary

We don’t have a summary available yet.

Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.


5/9/2013--Introduced.
Proprietary Institution of Higher Education Accountability Act - Amends title IV (Student Assistance) of the Higher Education Act of 1965 to require the Secretary of Education, in calculating the cohort default rate for a proprietary institution of higher education, to treat its current and former students who have received a specified forbearance or deferment of over six months on direct loans before the end of the second fiscal year after they enter repayment on such loans, as students who have defaulted on such loans before the end of such second fiscal year.
Applies that calculation to forbearances: (1) that have been agreed to by the parties to an insured loan and approved by the insurer, or (2) for borrowers whose educational debt burden equals or exceeds 20% of their income.
Applies that calculation to deferments for borrowers who: (1) are seeking and unable to find full-time employment, or (2) have or will experience an economic hardship.

House Republican Conference Summary

The summary below was written by the House Republican Conference, which is the caucus of Republicans in the House of Representatives.


No summary available.

House Democratic Caucus Summary

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