3.0.0 2559 2022-11-01T13:49:47Z 2022-11-01T14:32:37Z Senate S 2019-09-26 116 sshr00 Health, Education, Labor, and Pensions Committee Senate Standing Referred to 2019-09-26T17:13:58Z 2019-09-26 sshr00 Health, Education, Labor, and Pensions Committee Senate Read twice and referred to the Committee on Health, Education, Labor, and Pensions. IntroReferral 2019-09-26 Introduced in Senate IntroReferral 10000 9 Library of Congress S001217 Sen. Scott, Rick [R-FL] Rick Scott R FL N Education Government information and archives Government lending and loan guarantees Higher education Performance measurement School administration Student aid and college costs Wages and earnings Education 00 2019-09-26 Introduced in Senate 2020-06-04T15:19:02Z Student Training and Education Metrics Act of 2019

This bill makes institutions of higher education (IHE) responsible for a percentage of the loan balance of students who are in default, and it requires IHEs and the Department of Education (ED) to report certain metrics related to student debt and academic programs.

Specifically, the bill requires an IHE to remit to ED an annually increasing percentage of the loan balance of students who are in default, up to 10% in the tenth year. Additionally, an IHE shall forfeit its eligibility to receive any federal funds if it raises the amount of tuition and fees above the amount charged for the 2019-2020 award year.

An IHE must collect, report to ED, and make publicly available certain statistics such as the (1) graduation rate for each academic program; (2) percentage of graduates who are employed full-time or continuing their education full-time one, three, and five years after graduating; and (3) cost to graduate with a degree for each academic program.

For each IHE, ED must annually report (1) the average amount of federal student loan debt owed by a student upon graduation; and (2) the rate of loan deferment, forbearance, default, and delinquency at certain intervals following graduation.

]]> Student Training and Education Metrics Act of 2019 Display Title Student Training and Education Metrics Act of 2019 Short Title(s) as Introduced Student Training and Education Metrics Act of 2019 Introduced in Senate IS Official Title as Introduced A bill to establish certain requirements for institutions that participate in the Federal Direct loan program, and for other purposes. Introduced in Senate IS Introduced in Senate 2019-09-26T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116s2559is/xml/BILLS-116s2559is.xml 2019-09-26 Read twice and referred to the Committee on Health, Education, Labor, and Pensions. 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.