COLLEGE Act

Hozzl · 2024-03-13T03:40:30Z

Explore the details of Senate Bill 4772 COLLEGE Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Education. Stay informed on legislative developments.

3/13/2024, 3:40 AM

Congressional Summary of S 4772

Changing Our Learning, Loans, Endowments, and Graduation Expectations Act or the COLLEGE Act

This bill requires institutions of higher education (IHEs) to provide cost-match awards to enrolled students based on the size of the IHE's endowment fund, makes IHEs responsible for a percentage of the student loan balance of students who are in default, and establishes related reporting requirements.

Read the Full Bill

Formatted Text PDF Formatted XML

Current Status of Bill S 4772

Bill S 4772 is currently in the status of Bill Introduced since August 4, 2022. Bill S 4772 was introduced during Congress 117 and was introduced to the Senate on August 4, 2022. Bill S 4772's most recent activity was Read twice and referred to the Committee on Health, Education, Labor, and Pensions. as of August 4, 2022

Bipartisan Support of Bill S 4772

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill S 4772

Primary Policy Focus

Education

Alternate Title(s) of Bill S 4772

COLLEGE Act

Changing Our Learning, Loans, Endowments, and Graduation Expectations Act

A bill to require institutions of higher education participating in Federal financial aid programs to pay a percentage of the cost of attendance for each enrolled full-time student, based on the endowment fund of the institution, and for other purposes.