H.R.2535: College Literacy in Finance and Economics Act of 2011

About This Bill

  • This bill was introduced in the 112th Congress
  • This bill is primarily about education
  • Introduced July 14, 2011
  • Latest Major Action Sept. 8, 2011

Bill Summary

College Literacy in Finance and Economics Act of 2011 or College LIFE Act - Amends title IV (Student Assistance) of the Higher Education Act of 1965 to require institutions of higher education (IHEs) to provide student borrowers under the Federal Family Education Loan, Direct Loan, and Perkins Loan programs with financial literacy counseling within 45 days of their first receipt of such a loan and prior to the completion of their studies or...

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Education and the Workforce.
Referred to the Subcommittee on Higher Education and Workforce Training.
July 14, 2011

Introduced in the House by Sheila Jackson Lee (D-Texas)

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