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- S.2280
S.2280: Know Before You Owe Private Student Loan Act of 2012
About This Bill
- This bill was introduced in the 112th Congress
- This bill is primarily about education
- Introduced March 29, 2012
- Latest Major Action March 29, 2012
- See the four similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
7 (6 Democrats, 1 Independent Democrat)
Bill Summary
Know Before You Owe Private Student Loan Act of 2012 - Amends the Truth in Lending Act to require a lender, before issuing a private education loan for a student attending an institution of higher education (IHE), to obtain the IHE's certification of: (1) the student's enrollment status, (2) the student's cost of attendance, and (3) the difference between that cost and the student's estimated financial assistance. Eliminates the requirement...
(Source: Library of Congress)
Bill Actions
| Date | Description |
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Sponsor introductory remarks on measure.
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Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
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| March 29, 2012 |
Introduced in the Senate by Richard J. Durbin (D-Ill.) |