COLLEGE Act

Summary

Changing Our Learning, Loans, Endowments, and Graduation Expectations Act or the COLLEGE Act This bill requires institutions of higher education (IHEs) to provide cost-match awards to enrolled students based on the size of the IHE's endowment fund, makes IHEs responsible for a percentage of the student loan balance of students who are in default, and establishes related reporting requirements.

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Timeline

1. 4 August 2022

   Introduced

   Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

   Source: IntroReferral

2. 4 August 2022

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 4 August 2022 · Official file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 4 August 2022

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 4 August 2022

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 4 August 2022

  Open at official source

Sponsors

• Rick Scott · R · Sponsor
• · sshr00 · Standing

Related records

• related to → COLLEGE Act