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Higher Education Reform and Opportunity Act of 2017

Introduced: November 7, 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
Nov 7, 2017
Referred to the House Committee on Education and the Workforce.
Nov 7, 2017
Introduced in House
 Plain-English summary Congressional Research Service

Higher Education Reform and Opportunity Act of 2017

This bill amends the Higher Education Act of 1965 to make postsecondary education courses and programs, such as apprenticeship programs, that provide credits toward a postsecondary certification, credential, or degree eligible for federal student aid funding if the programs and courses are accredited by a state that has an alternative accreditation agreement with the Department of Education.

The bill terminates loan forgiveness for borrowers under the income contingent repayment options for new loans made under the William D. Ford Federal Direct Loan Program.

An institution that receives federal student aid funding must pay a default rate fine that is based on the default rate of loans made to its students.

What's happening now November 7, 2017

Referred to the House Committee on Education and the Workforce.

 Committees of jurisdiction 1