Accountability in Student Loan Data Act
Latest action · Oct 11, 2019 Referred to the House Committee on Education and Labor.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedOct 11, 2019
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Accountability in Student Loan Data Act
This bill revises the method for calculating a cohort default rate (the measurement of how many borrowers default on their federal student loans within a certain time period), and it establishes penalties for institutions of higher education that have a certain percentage of graduates who default on their student loans.
Cosponsors 1
Members who signed on, in the order they did. All signed on Oct 11, 2019.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-CA | Mark Takano | Original | Oct 11, 2019 |
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| House | Education and Workforce Committee | Referred Oct 11, 2019 |
Actions 2
Everything that happened, newest first.
- Oct 11, 2019Introduced in House
- Oct 11, 2019Referred to the House Committee on Education and Labor.
Research
What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.
Constitutional authority
The sponsor’s statement, as printed in the Congressional Record, vol. 165, no. 161, October 11, 2019, page H8112.
CRS reports 1
Congressional Research Service work that CRS links to this bill or the law it became, newest first.
Cite it 1
Products on other subjects that cite it, usually among other measures.
| Product | Title | Kind | Published |
|---|---|---|---|
| R47874 | Cohort Default Rates and HEA Title IV Eligibility: Background and Analysis | Report | Dec 12, 2023 |
Related bills 2
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| HR 4674 | College Affordability Act | Related bill | Dec 28, 2020 |
| HR 7727 | Accountability in Student Loan Data Act of 2022 | Reintroduced Bill | May 11, 2022 |
Titles 2
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- To amend the Higher Education Act of 1965 to require that institutions of higher education maintain certain adjusted cohort default rates to participate in programs under title IV of such Act, and for other purposes.
- Short Title(s) as Introduced
- Accountability in Student Loan Data Act
Subjects
Assigned by the Library of Congress. Policy area: Education.
Text 1
Each version as it was printed, newest first.
- Oct 11, 2019Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.
