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S 5065 117th Congress Senate Education

Protect Student Borrowers Act of 2022

Introduced: September 29, 2022 Introduced by: Reed, Jack Democratic · Rhode Island See on congress.gov
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This bill died when the 117th Congress ended
It never became law before the 117th Congress (2021–2022) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 29, 2022
Read twice and referred to the Committee on Health, Education, Labor, and Pensions. (Sponsor introductory remarks on measure: CR S5553-5554)
Sep 29, 2022
Introduced in Senate
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 Plain-English summary Congressional Research Service

Protect Student Borrowers Act of 2022

This bill requires institutions of higher education (IHEs) participating in the William D. Ford Federal Direct Loan program to accept specified risk-sharing requirements for defaulted student loans, which shall include requiring certain IHEs to make payments to address the risk of such defaults. The bill also establishes in the Treasury a separate account for the deposit of such risk-sharing payments.

What's happening now September 29, 2022

Read twice and referred to the Committee on Health, Education, Labor, and Pensions. (Sponsor introductory remarks on measure: CR S5553-5554)

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 2
All 2 Democratic 2
D
Durbin, Richard J.
Illinois · Sep 29, 2022
 D
Warren, Elizabeth
Massachusetts · Sep 29, 2022
Cite this page click to expand
APA
U.S. Congress. (2026). S. 5065: Protect Student Borrowers Act of 2022. 117th Congress. Open America. https://openamerica.io/bill/117-S-5065/
MLA
"S. 5065: Protect Student Borrowers Act of 2022." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-S-5065/.
Bluebook (legal)
S. 5065, 117th Cong. (2026), https://openamerica.io/bill/117-S-5065/.
Markdown link
[S. 5065: Protect Student Borrowers Act of 2022](https://openamerica.io/bill/117-S-5065/)
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