To impose a financial penalty on certain institutions of higher education with high percentages of students who default or make insufficient payments on Federal student loans, and for other purposes.
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
This bill, To impose a financial penalty on certain institutions of higher education with high percentages of students who default or make insufficient payments on Federal student loans, and for other purposes., changes federal law or congressional policy affecting schools, students, and education providers. The main policy domain is Education, Finance, Transportation.
Who Benefits and How
schools, students, and education providers may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.
Who Bears the Burden and How
federal implementing agencies, schools, students, and education providers may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.
Key Provisions
- Section HAFF1D8A20C5D4BC7BCD2B7CB642A99C5: 1. Short title This Act may be cited as the Preventing Financial Exploitation in Higher Education Act.
- Section HF98608F44DDA4457A503152B2C5CFBEF: 2. Institutional accountability for defaulted, delinquent, and underpaid student loans Part D of title IV of the Higher Education Act of 1965 (20 U.S.C. 1087a...
- Section HD34D3036F15241A199212F1186A8FE2E: 454A. Institutional accountability for defaulted, delinquent, and underpaid student loans In accordance with subsection (b), a covered institution of higher...
- Section HAD2A636EA7254CDE8D784C65E67B0CAF: 3. Program participation agreements Section 487(a) of the Higher Education Act of 1965 (20 U.S.C. 1094(a)) is amended by adding at the end the following: The...
- Section H7D0E4971D32B40A4BBB53F2ECD5A25BD: 4. Increased tax on net investment income of certain educational institutions with large endowments that increase tuition Section 4968 of the Internal Revenue...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
This bill, To impose a financial penalty on certain institutions of higher education with high percentages of students who default or make insufficient payments on Federal student loans, and for other purposes., changes federal law or congressional policy affecting schools, students, and education providers.
Key Policy Areas
Education, Finance, Transportation
Primary Purpose
This bill, To impose a financial penalty on certain institutions of higher education with high percentages of students who default or make insufficient payments on Federal student loans, and for other purposes., changes federal law or congressional policy affecting schools, students, and education providers.
Policy Domains
Whole bill
Identified Gains
- schools, students, and education providers
Identified Costs
- federal implementing agencies
- schools, students, and education providers
Legislative Progress
IntroducedMs. Van Duyne introduced the following bill; which was referred …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "the_secretary"
- → The Secretary identified in the operative section
Key Definitions
Terms defined in this bill
a fund that— is established by State law, by an institution of higher education, or by a foundation that is exempt from Federal income taxation
a fund that— (A)is established by State law, by an institution of higher education, or by a foundation that is exempt from Federal income taxation
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
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