Responsible Borrowing Act of 2021

referredUnited States· United States Congress· EN

Introduced

21 July 2021

Last action

21 July 2021 · Introduced

Status

Referred to the House Committee on Education and Labor.

Summary

Responsible Borrowing Act of 2021 This bill authorizes institutions of higher education (IHEs) to prorate or limit the amount of a Federal Direct Loan that an enrolled student may borrow for an academic year. The bill specifies the factors that an IHE may use to limit these loans. These factors include the average starting salary for typical occupations pursued by graduates of the program, the enrollment status of the student (i.e., full- or part-time enrollment), the credential level of the program (e.g., degree or certificate), and the year of the program for which the student is seeking the loan. Upon request of a student whose loan has been prorated or limited, an IHE may increase the amount of the loan within otherwise applicable limits if the student demonstrates special circumstances or exceptional need.

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

Timeline

21 July 2021
Introduced
Referred to the House Committee on Education and Labor.
Source: IntroReferral
21 July 2021
Introduced
Introduced in House
Source: IntroReferral
21 July 2021
Introduced
Introduced in House
Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Introduced in House · 21 July 2021 · Download file

Documents

3 official files

Introduced in House (text)

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Introduced in House (text)
Introduced in House · EN · 21 July 2021
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Introduced in House (PDF)
Introduced in House · EN · 21 July 2021
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Introduced in House
summary · EN · 21 July 2021
Open at official source
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Vertaal naar
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Related records

related to ← Responsible Borrowing Act of 2020

Sources

PoliticalRepo is an index and interpretation layer, not the authoritative legal source.

Official source: https://www.congress.gov/bill/117th-congress/house-bill/4600
Open data entity: https://api.congress.gov/v3/bill/117/hr/4600
us · 117-hr-4600 · source updated 21 July 2025