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H.R. 3453

BillFederalHouseIn Committee
To require the Secretary of Education to report default and other data for each program of study of certain institutions of higher education for which the Secretary annually reports cohort default data under the Higher Education Act of 1965.
About This Bill
Committee
Latest Action · May 17, 2023
Referred to the House Committee on Education and the Workforce.
Congress
118th (2023–2025)
Introduced
May 17, 2023
Cosponsors (0)
None
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Summary

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Higher Standards for Higher Education Act This bill requires the Department of Education, in its annual report on cohort default rates (generally, a percentage of how many current and former students default on their student loans in a fiscal year), to collect and report additional data for institutions of higher education with an endowment of $1 billion or more.

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