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- S.2124
S.2124: Skin in the Game Act
About This Bill
- Introduced July 16, 2019
- Latest Major Action July 16, 2019
Bill Sponsor
Bill Version
- Introduced in Senate - July 16, 2019
Bill Summary
Skin in the Game Act This bill requires each institution of higher education (IHE) participating in the federal direct student loan program to pay 50% of any student loan balance that is in default for a loan that was used toward the cost of attendance at such IHE. An IHE may not increase the costs of attendance in order to offset its liability to pay such balances.
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| July 16, 2019 |
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
|
| July 16, 2019 |
Introduced in the Senate by Joshua Hawley (R-Mo.) |