S 801 · in committee · significant
Higher Education Reform and Opportunity Act
- education
What this bill does
- This bill consolidates federal student loans into one program and phases out loan forgiveness for borrowers.
- It affects college students, institutions of higher education, and alternative education providers like apprenticeship programs.
- Schools must publish employment and debt data and pay fines based on loan default rates, with credits for Pell Grant graduates.
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Community Threads
Started by Cosponsor
- 01
How would consolidating federal student loans into one program affect borrowers who currently have different repayment options available?
- 02
What trade-offs might colleges face between maintaining affordability and meeting the employment and debt transparency requirements?
- 03
How could phasing out loan forgiveness change incentives for students choosing between traditional college and alternative education programs like apprenticeships?
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Sponsor · R-UT
Mike Lee
Citizen cosponsors
0
In Congress
0/ 100
Senators cosponsoring
Introduced 2025-02-27
Legislative timeline
2025-02-27 · senate · IntroReferral
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
2025-02-27 · IntroReferral
Introduced in Senate
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