US HB4098 | 2019-2020 | 116th Congress
Status
Spectrum: Partisan Bill (Republican 49-0)
Status: Introduced on July 30 2019 - 25% progression, died in committee
Action: 2019-07-30 - Referred to the House Committee on Education and Labor.
Pending: House Education and Labor Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on July 30 2019 - 25% progression, died in committee
Action: 2019-07-30 - Referred to the House Committee on Education and Labor.
Pending: House Education and Labor Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Revises requirements governing the financing and accreditation of postsecondary education. Specifically, the bill makes postsecondary education courses and programs (e.g., apprenticeship programs) that provide credits toward a postsecondary certification, credential, or degree eligible for federal student aid funding if the programs and courses are accredited by a state that has an alternative accreditation agreement with the Department of Education. The bill also requires institutions to publish certain enrollment and financial aid information, such as (1) the percentage of former financial aid recipients who are employed at various intervals following graduation, and (2) the average amount of total federal student loan debt accrued upon graduation. The Government Accountability Office must compile and study all such information published by institutions and submit a report containing the results. In addition, the bill consolidates federal student loans into one student loan program and eliminates loan forgiveness for borrowers. Lastly, the bill requires an institution that receives federal student aid funding to pay a default rate fine that is based on the default rate of loans made to its students.
Title
Higher Education Reform and Opportunity Act of 2019
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2019-07-30 | House | Referred to the House Committee on Education and Labor. |
| 2019-07-30 | House | Introduced in House |
Same As/Similar To
SB2339 (Same As) 2019-07-30 - Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Subjects
Academic performance and assessments
Congressional oversight
Education
Education programs funding
Educational guidance
Employment and training programs
Financial literacy
Government information and archives
Government lending and loan guarantees
Government studies and investigations
Higher education
Interest, dividends, interest rates
Licensing and registrations
Right of privacy
School administration
State and local government operations
Student aid and college costs
Student records
Teaching, teachers, curricula
Unemployment
Vocational and technical education
Wages and earnings
Congressional oversight
Education
Education programs funding
Educational guidance
Employment and training programs
Financial literacy
Government information and archives
Government lending and loan guarantees
Government studies and investigations
Higher education
Interest, dividends, interest rates
Licensing and registrations
Right of privacy
School administration
State and local government operations
Student aid and college costs
Student records
Teaching, teachers, curricula
Unemployment
Vocational and technical education
Wages and earnings
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/116th-congress/house-bill/4098/all-info |
| Text | https://www.congress.gov/116/bills/hr4098/BILLS-116hr4098ih.pdf |
