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- H.R.4035
H.R.4035: To study, pilot, and implement a comprehensive, structural, market-based reform to the Federal Family Education Loan Program to reduce costs to taxpayers and improve program efficiency.
About This Bill
- This bill was introduced in the 110th Congress
- This bill is primarily about congress
- Introduced Oct. 31, 2007
- Latest Major Action Oct. 31, 2007
Bill Sponsor
Bill Summary
Student Loan Auction Market Act - Directs the Secretary of Education (Secretary) and the Secretary of the Treasury to conduct a planning study of alternative market-based mechanisms for setting lenders' yields on Federal Family Education Loans under part B of title IV of the Higher Education Act of 1965. Requires such study to be followed by a limited two-year pilot program testing the mechanisms which the study finds most promising in...
(Source: Library of Congress)
Bill Actions
| Date | Description |
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Sponsor introductory remarks on measure.
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Referred to the House Committee on Education and Labor.
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| Oct. 31, 2007 |
Introduced in the House by Tom Petri (R-Wis.) |