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STUDENT Act
12/29/2022, 10:33 PM
Congressional Summary of S 3865
Student Transparency for Understanding Decisions in Education Net Terms Act or the STUDENT Act
This bill requires loan disclosure forms for federal student loans to include the total amount of interest that would be paid over the life of the loan based on a standard 10-year repayment plan.
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Current Status of Bill S 3865
Bill S 3865 is currently in the status of Bill Introduced since March 17, 2022. Bill S 3865 was introduced during Congress 117 and was introduced to the Senate on March 17, 2022. Bill S 3865's most recent activity was Read twice and referred to the Committee on Health, Education, Labor, and Pensions. as of March 17, 2022
Bipartisan Support of Bill S 3865
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
2Democrat Cosponsors
0Republican Cosponsors
2Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 3865
Primary Policy Focus
EducationAlternate Title(s) of Bill S 3865
STUDENT Act
STUDENT Act
Student Transparency for Understanding Decisions in Education Net Terms Act
A bill to require disclosure of the total amount of interest that would be paid over the life of a loan for certain Federal students loans.
Comments
Sponsors and Cosponsors of S 3865
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