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S 2733 111th Congress Senate Education Administrative remedies Consumer affairs Department of the Treasury Executive agency funding and structure Federal officials Government information and archives Government lending and loan guarantees Higher education Student aid and college costs

A bill to provide for the establishment of a Private Education Loan Ombudsman.

Introduced: November 5, 2009 See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 5, 2009
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Nov 5, 2009
Introduced in Senate
 Plain-English summary Congressional Research Service

Directs the Secretary of the Treasury (Secretary) to appoint a Private Education Loan Ombudsman to provide timely assistance to borrowers of private education loans.

Requires the Secretary and the Secretary of Education to disseminate information about the availability and functions of the Ombudsman to borrowers, potential borrowers, and other participants in private education and federal student loan programs.

Directs the Ombudsman to: (1) receive, review, and attempt to resolve informally complaints from borrowers of private education loans, in accordance with the Secretary's regulations; (2) establish a memorandum of understanding with the student loan ombudsman established under the Higher Education Act of 1965 to coordinate the provision of assistance to borrowers seeking to resolve complaints related to their private education or federal student loans; and (3) compile and analyze data on borrower complaints regarding private education loans.

What's happening now November 5, 2009

Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Democratic 1