To amend the Higher Education Act of 1965 to achieve savings in the operation of the student loan programs under part B of title IV of that Act, and for other purposes.

Summary

Amends the Higher Education Act of 1965 to revise or add to the guaranteed student loan program (also known as the Stafford Loan or the Federal Family Education Loan Program) with respect to: (1) in-school and grace period interest rate limits; (2) loan transfer fees; (3) decrease of guaranty agency reinsurance percentage; (4) required risk sharing by the Student Loan Marketing Association; (5) shares of post-default collections; (6) decrease of administrative cost allowances; (7) reinsurance fees; (8) parent loan (PLUS) amount limits and multiple disbursement requirements; (8) reduction and limitation of consolidation loan interest rates; (9) limitation of interest subsidy during deferment; (10) insurance fees from lenders; (11) longer periods for default determinations; (12) special allowances on tax exempt funds and purchase premiums; (13) origination fees from lenders; (14) the lender-of-last-resort requirement; (15) Student Loan Marketing Association alternative status study; and (16) repayment options (including income sensitive) availability and information.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 20 May 1993

   Introduced

   Referred to the House Committee on Education and Labor.

   Source: IntroReferral

2. 20 May 1993

   Introduced

   Introduced in House

   Source: IntroReferral

3. 20 May 1993

   Introduced

   Introduced in House

   Source: IntroReferral

4. 15 June 1993

   Referred

   Referred to the Subcommittee on Postsecondary Education and Training.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in House · 20 May 1993 · Download file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 20 May 1993

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 20 May 1993

  ViewDownloadOpen at official source

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• Introduced in House

  summary · EN · 20 May 1993

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Rep. Gordon, Bart [D-TN-6] · D · Sponsor
• Rep. Goodling, William F. [R-PA-19] · R · Sponsor
• Rep. Stenholm, Charles W. [D-TX-17] · D · Cosponsor
• Rep. Pomeroy, Earl [D-ND-At Large] · D · Cosponsor
• Rep. Fingerhut, Eric D. [D-OH-19] · D · Cosponsor
• Rep. Gunderson, Steve [R-WI-3] · R · Cosponsor
• Rep. Mann, David [D-OH-1] · D · Cosponsor
• Rep. Barrett, Bill [R-NE-3] · R · Cosponsor
• Rep. Browder, Glen [D-AL-3] · D · Cosponsor
• Rep. Kanjorski, Paul E. [D-PA-11] · D · Cosponsor
• Rep. Peterson, Douglas (Pete) [D-FL-2] · D · Cosponsor
• Rep. Lloyd, Marilyn [D-TN-3] · D · Cosponsor
• Rep. Frost, Martin [D-TX-24] · D · Cosponsor
• Sen. Santorum, Rick [R-PA] · R · Cosponsor
• Rep. Solomon, Gerald B. H. [R-NY-22] · R · Cosponsor
• Rep. Jefferson, William J. [D-LA-2] · D · Cosponsor
• Rep. Engel, Eliot L. [D-NY-16] · D · Cosponsor
• Rep. Slattery, Jim [D-KS-2] · D · Cosponsor
• Rep. Orton, Bill [D-UT-3] · D · Cosponsor
• Rep. Green, Gene [D-TX-29] · D · Cosponsor
• Rep. Zeliff, William H., Jr. [R-NH-1] · R · Cosponsor
• Rep. Bachus, Spencer [R-AL-6] · R · Cosponsor
• Rep. Zimmer, Dick [R-NJ-12] · R · Cosponsor
• Rep. Knollenberg, Joe [R-MI-9] · R · Cosponsor
• · hsed00 · Standing

Related records

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