US HB1429 | 2017-2018 | 115th Congress

Status

Spectrum: Moderate Partisan Bill (Republican 8-2)
Status: Introduced on March 8 2017 - 25% progression, died in committee
Action: 2017-03-08 - Referred to the House Committee on Education and the Workforce.
Pending: House Education And The Workforce Committee
Text: Latest bill text (Introduced) [PDF]

Summary

LEADS Act of 2017 Letter of Estimated Annual Debt for Students Act of 2017 This bill amends title IV (Student Assistance) of the Higher Education Act of 1965 to require an institution of higher education that participates in federal student aid programs to provide an annual estimate of borrowing costs to each enrolled student who receives an education loan. The cost estimate must include the student's cumulative education loan balance, projected monthly payment amount, and interest rate on each loan.

Tracking Information

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Title

LEADS Act of 2017 Letter of Estimated Annual Debt for Students Act of 2017

Sponsors


History

DateChamberAction
2017-03-08HouseReferred to the House Committee on Education and the Workforce.
2017-03-08HouseIntroduced in House

Same As/Similar To

SB2224 (Related) 2017-12-13 - Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

Subjects


US Congress State Sources


Bill Comments

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