HR 3662 116th Congress House Education Administrative law and regulatory procedures Administrative remedies Department of Education Fraud offenses and financial crimes Government lending and loan guarantees Higher education Interest, dividends, interest rates Student aid and college costs

Relief for Defrauded Students Act of 2019

Introduced: July 10, 2019 Introduced by: McBath, Lucy Democratic · Georgia See on congress.gov

Everywhere this bill has been 4 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Jul 17, 2019

Sponsor introductory remarks on measure. (CR H5983-5985)

Jul 10, 2019

Referred to the House Committee on Education and Labor.

Jul 10, 2019

Sponsor introductory remarks on measure. (CR H5313)

Jul 10, 2019

Introduced in House

Plain-English summary Congressional Research Service

Relief for Defrauded Students Act of 2019

This bill provides statutory authority for specific borrower defenses to repayment under the Federal Direct Loan program.

Specifically, the bill allows a defense to repayment of a loan under the program if (1) the institution of higher education (IHE) made a substantial misrepresentation of the nature of its educational program, its financial charges, or the employability of its graduates; (2) the IHE made an act or omission in violation of state law; or (3) the IHE made any other act or omission as specified by the Department of Education (ED). Under current law, ED is required to specify in regulation which acts and omissions of an IHE may be asserted by a borrower as a defense to repayment under the program.

The bill requires ED, upon determination that a borrower is entitled to student loan relief, to cancel any outstanding balance of principal and interest due on each loan and return to the borrower the amount of any payments made on each loan.

What's happening now July 17, 2019

Sponsor introductory remarks on measure. (CR H5983-5985)

Committees of jurisdiction 1