Summary: H.R.4662 — 116th Congress (2019-2020)All Information (Except Text)

There is one summary for H.R.4662. Bill summaries are authored by CRS.

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Introduced in House (10/11/2019)

Accountability in Student Loan Data Act

This bill revises the method for calculating a cohort default rate (the measurement of how many borrowers default on their federal student loans within a certain time period), and it establishes penalties for institutions of higher education that have a certain percentage of graduates who default on their student loans.