H.R.2140: Federal Accountability and Institutional Reform in Education Act of 1997

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Bill Summary

Federal Accountability and Institutional Reform in Education Act of 1997 - Amends the Higher Education Act of 1965 (HEA) to revise requirements for student loan cohort default management. Requires guaranty agreements, with regard to due diligence in insured loan collection efforts, to require proof that the institution and the State licensing board were contacted. Requires guaranty agreements to prohibit reimbursement to a guaranty agency upon...

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Education and the Workforce.
Referred to the Subcommittee on Postsecondary Education, Training and Life-Long Learning.
July 10, 1997

Introduced in the House by Ron Klink (D-Pa.)

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