HR 1429
115th Congress
House
Education
Government information and archives
Higher education
Interest, dividends, interest rates
Student aid and college costs
Student records
LEADS Act of 2017
Introduced: March 8, 2017
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 8, 2017
Referred to the House Committee on Education and the Workforce.
Mar 8, 2017
Introduced in House
Plain-English summary
Letter of Estimated Annual Debt for Students Act of 2017 or the LEADS Act of 2017
This bill amends title IV (Student Assistance) of the Higher Education Act of 1965 to require an institution of higher education that participates in federal student aid programs to provide an annual estimate of borrowing costs to each enrolled student who receives an education loan. The cost estimate must include the student's cumulative education loan balance, projected monthly payment amount, and interest rate on each loan.
What's happening now
Referred to the House Committee on Education and the Workforce.
Committees of jurisdiction
1