Text: H.R.6698 — 110th Congress (2007-2008)All Information (Except Text)

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Introduced in House (07/31/2008)


110th CONGRESS
2d Session
H. R. 6698


To provide for nondiscrimination by eligible lenders in the Robert T. Stafford Federal Student Loan Program.


IN THE HOUSE OF REPRESENTATIVES

July 31, 2008

Mr. Baird introduced the following bill; which was referred to the Committee on Education and Labor


A BILL

To provide for nondiscrimination by eligible lenders in the Robert T. Stafford Federal Student Loan Program.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Short title.

This Act may be cited as the “Preventing Student Loan Discrimination Act”.

SEC. 2. Nondiscrimination.

Section 438(e) of the Higher Education Act of 1965 (20 U.S.C. 1087–1(e)) is amended—

(1) by striking “In order” and inserting the following:

“(1) IN GENERAL.—In order”; and

(2) by adding at the end the following:

“(2) FEDERAL FAMILY EDUCATION LOAN PROGRAMS.—In order for an eligible lender to receive a special allowance payment under this section on any loan made, insured, or guaranteed under this part, the eligible lender shall not engage in any pattern or practice that results in a denial by such eligible lender of an otherwise eligible borrower's access to a loan under this part because of the borrower's education program length or enrollment at a particular institution of higher education that participates in the Robert T. Stafford Federal Student Loan Program.”.


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