S.486: Student Loan Sunshine Act

About This Bill

  • This bill was introduced in the 110th Congress
  • This bill is primarily about congress
  • Introduced Feb. 1, 2007
  • Latest Major Action Feb. 1, 2007

Bill Summary

Student Loan Sunshine Act - Amends the Higher Education Act of 1965 to require each lender entering into an educational loan arrangement with a postsecondary school to: (1) report annually to the Secretary of Education specified information concerning such arrangement; (2) inform borrowers of their loan options under title IV (Student Assistance) before extending private educational loans for attendance at such school; and (3) be barred by...

(Source: Library of Congress)

Bill Actions

Date Description
Sponsor introductory remarks on measure.
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Feb. 1, 2007

Introduced in the Senate by Edward M. Kennedy (D-Mass.)

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