3.0.0 1325 2020-02-10T16:51:55Z 2020-02-10T16:51:55Z House H HR 2009-03-05 111 hsed00 Education and the Workforce Committee House Standing hsed13 Higher Education and Workforce Development Subcomittee Referred to 2009-04-29T13:58:59Z Referred to 2009-03-05T15:02:52Z 2009-04-29 hsed13 Higher Education and Workforce Development Subcomittee 1 House committee actions Referred to the Subcommittee on Higher Education, Lifelong Learning, and Competitiveness. Committee 2009-03-05 Referred to the House Committee on Education and Labor. IntroReferral H11100 2 House floor actions hsed00 Education and the Workforce Committee 2009-03-05 Introduced in House IntroReferral Intro-H 9 Library of Congress 2009-03-05 Introduced in House IntroReferral 1000 9 Library of Congress J000032 Rep. Jackson-Lee, Sheila [D-TX-18] SHEILA JACKSON-LEE D TX 18 N W000794 Rep. Watson, Diane E. [D-CA-33] Diane Watson D CA E. 33 2009-03-05 True L000551 Rep. Lee, Barbara [D-CA-9] BARBARA LEE D CA 9 2009-03-05 True K000370 Rep. Kosmas, Suzanne M. [D-FL-24] Suzanne Kosmas D FL M. 24 2009-03-05 True F000455 Rep. Fudge, Marcia L. [D-OH-11] Marcia Fudge D OH L. 11 2009-03-05 True B000911 Rep. Brown, Corrine [D-FL-3] CORRINE BROWN D FL 3 2009-03-05 True K000009 Rep. Kaptur, Marcy [D-OH-9] MARCY KAPTUR D OH 9 2009-03-05 True E000063 Rep. Edwards, Chet [D-TX-17] CHET EDWARDS D TX 17 2009-03-05 True P000096 Rep. Pascrell, Bill, Jr. [D-NJ-8] WILLIAM PASCRELL D NJ J. 8 2009-03-05 True E000288 Rep. Ellison, Keith [D-MN-5] Keith Ellison D MN 5 2009-03-05 True M001137 Rep. Meeks, Gregory W. [D-NY-6] GREGORY MEEKS D NY W. 6 2009-03-05 True C001061 Rep. Cleaver, Emanuel [D-MO-5] Emanuel Cleaver D MO 5 2009-03-05 True R000515 Rep. Rush, Bobby L. [D-IL-1] BOBBY RUSH D IL L. 1 2009-03-16 False C000714 Rep. Conyers, John, Jr. [D-MI-14] JOHN CONYERS D MI 14 2009-03-23 False H001034 Rep. Honda, Michael M. [D-CA-15] MICHAEL HONDA D CA M. 15 2009-04-01 False C001067 Rep. Clarke, Yvette D. [D-NY-11] Yvette Clarke D NY D. 11 2009-05-05 False Education Financial literacy Government lending and loan guarantees Higher education Student aid and college costs Education 00 2009-03-05 Introduced in House 2009-04-09T21:30:17Z Amends the Higher Education Act of 1965 to require institutions of higher education (IHEs) to provide at least four hours of financial literacy counseling to each student borrower: (1) under the Federal Family Education Loan (FFEL) program, at or prior to their receipt of such loan; and (2) under the FFEL, Direct Loan, or Perkins Loans programs, during their enrollment at the IHE or when their studies end.

Requires such counseling to include information on: (1) banking; (2) budgeting; (3) credit cards and ratings; (4) loans, grants, education tax credits, and scholarships; (5) renting and housing; and (6) investing.

Directs the Secretary of Health and Human Services to encourage IHEs to perform these duties using interactive programs that test each borrower's understanding of the financial literacy information they receive.

]]> To require financial literacy counseling for borrowers, and for other purposes. Display Title To require financial literacy counseling for borrowers, and for other purposes. Official Title as Introduced To require financial literacy counseling for borrowers, and for other purposes. Introduced in House 2009-03-05T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-111hr1325ih/xml/BILLS-111hr1325ih.xml 2009-04-29 Referred to the Subcommittee on Higher Education, Lifelong Learning, and Competitiveness. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.