H.R.4193: Student Loan Disclosure Transparency Act of 2019

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Bill Summary

Student Loan Disclosure Transparency Act of 2019 This bill requires a lender disbursing a loan that is insured or guaranteed by the federal government to make certain disclosures. Specifically, prior to disbursement, the lender making such loan must disclose the (1) principal amount, interest rate, and number of required monthly payments to be made on the loan; (2) estimated balance owed by the borrower; and (3) estimated aggregate amount the...

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There are 2 statements associated with H.R.4193.

Bill Actions

Date Description
Aug. 16, 2019
Referred to the House Committee on Education and Labor.
Aug. 16, 2019

Introduced in the House by Donna Shalala (D-Fla.)

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