S.2124 - Skin in the Game Act116th Congress (2019-2020)
|Sponsor:||Sen. Hawley, Josh [R-MO] (Introduced 07/16/2019)|
|Committees:||Senate - Health, Education, Labor, and Pensions|
|Latest Action:||Senate - 07/16/2019 Read twice and referred to the Committee on Health, Education, Labor, and Pensions. (All Actions)|
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Summary: S.2124 — 116th Congress (2019-2020)All Information (Except Text)
Introduced in Senate (07/16/2019)
Skin in the Game Act
This bill requires each institution of higher education (IHE) participating in the federal direct student loan program to pay 50% of any student loan balance that is in default for a loan that was used toward the cost of attendance at such IHE.
An IHE may not increase the costs of attendance in order to offset its liability to pay such balances.