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Titles Actions Overview All Actions Cosponsors Committees Related Bills Subjects Latest Summary All Summaries

Titles (3)

Short Titles

Short Titles - House of Representatives

Short Titles as Introduced

LEADS Act of 2016
Letter of Estimated Annual Debt for Students Act of 2016

Official Titles

Official Titles - House of Representatives

Official Title as Introduced

To amend the Higher Education Act of 1965 to require institutions of higher education to provide students with annual estimates of student loan borrowing costs.


Actions Overview (1)

Date
07/13/2016Introduced in House

All Actions (3)

Date
09/19/2016Referred to the Subcommittee on Higher Education and Workforce Training.
Action By: Committee on Education and the Workforce
07/13/2016Referred to the House Committee on Education and the Workforce.
Action By: House of Representatives
07/13/2016Introduced in House
Action By: House of Representatives

Committees (1)

Committees, subcommittees and links to reports associated with this bill are listed here, as well as the nature and date of committee activity and Congressional report number.

Committee / Subcommittee Date Activity Reports
House Education and the Workforce07/13/2016 Referred to
House Education and the Workforce Subcommittee on Higher Education and Workforce Training09/19/2016 Referred to

No related bill information was received for H.R.5755.


Subjects (6)


Latest Summary (1)

There is one summary for H.R.5755. View summaries

Shown Here:
Introduced in House (07/13/2016)

Letter of Estimated Annual Debt for Students Act of 2016 or the LEADS Act of 2016

This bill amends the Higher Education Act of 1965 by requiring institutions of higher education to provide to each student with education loans for attending the institution an estimate of student loan borrowing costs, including: (1) the cumulative balance of education loans owed by the student, (2) the amount of new education loans expected to be disbursed during the year, (3) the projected cumulative balance of education loans that will be owed by the student after the student graduates, and (4) projected monthly payments to repay the loans. The estimates must be given to students before each academic year succeeding the one for which a loan was first received.