3.0.0 3243 2022-08-10T23:29:20Z 2022-08-10T23:29:20Z Senate S 2020-01-28 116 sshr00 Health, Education, Labor, and Pensions Committee Senate Standing Referred to 2020-01-28T17:29:52Z 2020-01-28 sshr00 Health, Education, Labor, and Pensions Committee Senate Read twice and referred to the Committee on Health, Education, Labor, and Pensions. IntroReferral 2020-01-28 Introduced in Senate IntroReferral 10000 9 Library of Congress S001181 Sen. Shaheen, Jeanne [D-NH] Jeanne Shaheen D NH N Education Consumer credit Government information and archives Higher education Right of privacy Student aid and college costs Education 00 2020-01-28 Introduced in Senate 2021-01-27T19:04:22Z Simplifying Access to Student Loan Information Act of 2020

This bill expands the National Student Loan Data System (NSLDS) to include information about private education loans.

Specifically, the bill requires private educational lenders to submit to the NSLDS information regarding private education loans made to borrowers, including the outstanding balances and interest rates of such loans. Currently, only federal student loan information is available in the NSLDS.

The bill requires the Department of Education to

  • ensure that a cosigner of a private education loan for which information is included in the NSLDS has access only to that information in a separate account,
  • ensure that a private educational lender has access to the NSLDS only to submit information regarding the lender's loans, and
  • establish a functionality within the NSLDS that enables a student borrower of federal student loans to input the information necessary to compare repayment plans.
]]> Simplifying Access to Student Loan Information Act of 2020 Display Title Simplifying Access to Student Loan Information Act of 2020 Short Title(s) as Introduced Simplifying Access to Student Loan Information Act of 2020 Introduced in Senate IS Official Title as Introduced A bill to increase students' and borrowers' access to student loan information within the National Student Loan Data System. Introduced in Senate IS Introduced in Senate 2020-01-28T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116s3243is/xml/BILLS-116s3243is.xml 2020-01-28 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.