United States · Bill · S
S. 5065 (117th)
Protect Student Borrowers Act of 2022
Introduced
29 September 2022
Last action
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Status
Read twice and referred to the Committee on Health, Education, Labor, and Pensions. (Sponsor introductory remarks on measure: CR S5553-5554)
Sponsors
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Subjects
Discovery layer
Source updated
21 April 2025
Summary
Protect Student Borrowers Act of 2022 This bill requires institutions of higher education (IHEs) participating in the William D. Ford Federal Direct Loan program to accept specified risk-sharing requirements for defaulted student loans, which shall include requiring certain IHEs to make payments to address the risk of such defaults. The bill also establishes in the Treasury a separate account for the deposit of such risk-sharing payments.
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Documents
3 official files
Introduced in Senate (text)
Introduced in Senate · EN · 29 September 2022
Introduced in Senate (PDF)
Introduced in Senate · EN · 29 September 2022
Introduced in Senate
summary · EN · 29 September 2022
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Sources
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- Official source: https://www.congress.gov/bill/117th-congress/senate-bill/5065
- Open data entity: https://api.congress.gov/v3/bill/117/s/5065