US SB1748 | 2011-2012 | 112th Congress
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on October 20 2011 - 25% progression, died in committee
Action: 2011-10-20 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Pending: Senate Banking, Housing, And Urban Affairs Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on October 20 2011 - 25% progression, died in committee
Action: 2011-10-20 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Pending: Senate Banking, Housing, And Urban Affairs Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Christopher Bryski Student Loan Protection Act or Christopher's Law - Amends the Truth in Lending Act to require lenders of private educational loans for which cosigners are held jointly liable to describe clearly and conspicuously, in writing, the cosigners' obligations regarding such loans, including the effect a borrower's or cosigner's death, disability, or inability to engage in any substantial gainful activity would have on such obligations. Directs the Consumer Financial Protection Bureau (CFPB) to publish a model form for describing those obligations. Amends the Higher Education Act of 1965 to require institutions of higher education to provide borrowers of federal educational loans information at their entrance counseling on the effect their death, disability, or inability to engage in any substantial gainful activity would have on their federal and private educational loans.
Title
Christopher Bryski Student Loan Protection Act
Sponsors
Sen. Frank Lautenberg [D-NJ] |
History
Date | Chamber | Action |
---|---|---|
2011-10-20 | Senate | Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. |
Same As/Similar To
HB3240 (Same As) 2012-01-12 - Referred to the Subcommittee on Financial Institutions and Consumer Credit.
Subjects
Consumer credit
Disability and paralysis
Finance and financial sector
Government information and archives
Higher education
Student aid and college costs
Disability and paralysis
Finance and financial sector
Government information and archives
Higher education
Student aid and college costs
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/112th-congress/senate-bill/1748/all-info |
Text | https://www.congress.gov/112/bills/s1748/BILLS-112s1748is.pdf |