To require the Comptroller General to submit a report on the transfer of student debt functions from the Department of Education to the Department of the Treasury, including costs of such a transfer and the mitigation of the duplication of duties by Federal agencies, and for other purposes.
About This Bill
Committee
Latest Action · March 17, 2021
Referred to the House Committee on Education and Labor.
This bill requires the Government Accountability Office (GAO) to study and report on the potential impact of transferring the functions of the Office of Federal Student Aid from the Department of Education to the Department of the Treasury. In conducting the study, the GAO must consult with stakeholders (e.g., institutions of higher education).
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