Illinois House Bill 3207 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 2-0)
Status: Introduced on February 19 2021 - 25% progression, died in committee
Action: 2021-03-27 - Rule 19(a) / Re-referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]

Amends the Board of Higher Education Act. Provides that, in order to prevent nonpublic, for-profit institutions of higher education from enrolling students in programs or degrees for careers in which a student's higher education loan debt will exceed the student's expected income, the Board shall adopt any rules that are necessary to prohibit nonpublic, for-profit institutions of higher education from continuing any program or degree if the estimated annual higher education loan repayment of a typical graduate from such a program or with such a degree exceeds 20% of the graduate's total annual income or 8% of the graduate's total monthly income.

HIGHER ED STUDENT LOAN DEBT

Rep. Nicholas Smith [D]

Rep. Janet Yang Rohr [D]

Date	Chamber	Action
2021-03-27	House	Rule 19(a) / Re-referred to Rules Committee
2021-03-17	House	Added Co-Sponsor Rep. Janet Yang Rohr
2021-03-16	House	Assigned to Higher Education Committee
2021-02-19	House	Referred to Rules Committee
2021-02-19	House	First Reading
2021-02-19	House	Filed with the Clerk by Rep. Nicholas K. Smith

Chapter	Article	Section	Citation Type	Statute Text
110	205	9.40	New Code	See Bill Text

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=3207&GAID=16&DocTypeID=HB&SessionID=110&GA=102
Text	https://www.ilga.gov/legislation/102/HB/10200HB3207.htm