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- H.R.5838
H.R.5838: Transparency in Student Lending Act
About This Bill
- Introduced July 14, 2016
- Latest Major Action Sept. 19, 2016
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
4 (2 Democrats, 2 Republicans)
Bill Version
- Introduced in House - July 14, 2016
Bill Summary
Transparency in Student Lending Act This bill amends title IV (Student Assistance) of the Higher Education Act of 1965 to expand disclosure requirements for an institution of higher education (IHE) that participates in the Direct Loan program. Specifically, it requires an IHE to disclose, in federal student loan application materials, the annual percentage rate applicable to a Direct Loan.
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
| Date | Description |
|---|---|
| Sept. 19, 2016 |
Referred to the Subcommittee on Higher Education and Workforce Training.
|
| July 14, 2016 |
Referred to the House Committee on Education and the Workforce.
|
| July 14, 2016 |
Introduced in the House by Randy Hultgren (R-Ill.) |