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- S.113
S.113: Know Before You Owe Private Student Loan Act of 2013
About This Bill
- Introduced Jan. 23, 2013
- Latest Major Action Jan. 23, 2013
- See the four similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
9 (8 Democrats, 1 Independent Democrat)
Bill Summary
Know Before You Owe Private Student Loan Act of 2013 - 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)
What Lawmakers Are Saying About This Bill
Bill Actions
Date | Description |
---|---|
Jan. 23, 2013 |
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (text of measure as introduced: CR S221-222)
|
Jan. 23, 2013 |
Introduced in the Senate by Richard J. Durbin (D-Ill.) |