H.R.3948: Student Loan Transfers Disclosure Act of 2015

About This Bill

  • Introduced Nov. 5, 2015
  • Latest Major Action March 23, 2016

Bill Sponsor

Bill Version

Bill Summary

Student Loan Transfers Disclosure Act of 2015 This bill amends the Truth in Lending Act and the Higher Education Act of 1965 to establish requirements related to the transfer of servicing of postsecondary education loans. "Transfer of servicing" refers to the assignment, sale, or transfer of student loan servicing from one servicer to another. A postsecondary education lender must disclose to each loan applicant, at the time of...

(Source: Library of Congress)

Bill Actions

Date Description
March 23, 2016
Referred to the Subcommittee on Higher Education and Workforce Training.
Nov. 5, 2015
Referred to House Education and the Workforce
Nov. 5, 2015
Referred to House Financial Services
Nov. 5, 2015

Introduced in the House by Ted Deutch (D-Fla.)

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