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United States · Bill · HR

H.R. 618 (113th)

Student Loan Default Prevention Act

referredUnited States· United States Congress· EN

Introduced

12 February 2013

Last action

23 April 2013 · Referred

Status

Referred to the Subcommittee on Higher Education and Workforce Training.

Sponsors

Rep. Michaud, Michael H. [D-ME-2], Rep. Price, David E. [D-NC-4], Del. Bordallo, Madeleine Z. [D-GU-At Large], Rep. Pingree, Chellie [D-ME-1], Rep. McGovern, James P. [D-MA-2], Rep. Lynch, Stephen F. [D-MA-8]

Subjects

Education

Source updated

23 March 2026

Education

Summary

Student Loan Default Prevention Act - Amends title IV (Student Assistance) of the Higher Education Act of 1965 to require the Secretary of Education, upon the request of an eligible guaranty agency, to enter into or revise a voluntary, flexible agreement with that agency to provide services to borrowers and potential borrowers of Federal Family Education Loans (FFELs) or Direct Loans (DLs). Treats guaranty agencies as eligible to participate in such agreements if they have extensive and relevant experience and demonstrated effectiveness in providing such services. Authorizes those guaranty agencies to provide services that include: (1) delinquency prevention and default aversion activities, (2) collecting defaulted loans, (3) monitoring institutions that participate in the DL program, (4) training financial aid officials, and (5) informational outreach to schools and students that supports access to higher education and financial literacy. Requires the Secretary to pay fees to such agencies that are cost neutral and take into account the savings projected from the provision of such services.

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

Timeline

  1. 12 February 2013

    Introduced

    Introduced in House

    Source: IntroReferral

  2. 12 February 2013

    Introduced

    Referred to the House Committee on Education and the Workforce.

    Source: IntroReferral

  3. 12 February 2013

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 23 April 2013

    Referred

    Referred to the Subcommittee on Higher Education and Workforce Training.

    Source: Committee

Votes

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Versions

Documents

3 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN · 12 February 2013

    ViewDownloadOpen at official source

  • Introduced in House (PDF)

    Introduced in House · EN · 12 February 2013

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 12 February 2013

    Open at official source

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Sponsors

Related records

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Sources

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