To amend the Higher Education Act of 1965 to require that institutions of higher education maintain certain adjusted cohort default rates to participate in programs under title IV of such Act, 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 amend the Higher Education Act of 1965 to require that institutions of higher education maintain certain adjusted cohort default rates to participate in programs under title IV of such Act, 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 H6CF27E874AEB4D28AD68DC0966EBC6D1: 1. Short title This Act may be cited as the Accountability in Student Loan Data Act of 2024.
- Section H15BF355F979B4652B3644480E6BE8FAE: 2. Progress period status Section 103 of the Higher Education Act of 1965 (20 U.S.C. 1003) is amended— by redesignating paragraphs (14) through (24) as...
- Section H78B8ADE9FF874D6B9039752191AA6449: 3. Consumer information Section 132 of the Higher Education Act of 1965 (20 U.S.C. 1015a) is amended in subsection (i)(1)(T), by striking rate, and inserting...
- Section HB53420A2A0014920B31750DB103C5A94: 4. Federal Pell Grants Section 401(j) of the Higher Education Act of 1965 (20 U.S.C. 1070a(j)), as amended by section 703 of the FAFSA Simplification Act...
- Section HCBC9B8C0C4AA4C0395271479F07261DC: 5. Disbursement of student loans Section 428G of the Higher Education Act of 1965 (20 U.S.C. 1078–7(a)) is amended— in subsection (a), by adding at the end the...
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 amend the Higher Education Act of 1965 to require that institutions of higher education maintain certain adjusted cohort default rates to participate in programs under title IV of such Act, 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 amend the Higher Education Act of 1965 to require that institutions of higher education maintain certain adjusted cohort default rates to participate in programs under title IV of such Act, 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
Sponsors
Legislative Progress
IntroducedMs. Porter introduced the following bill; which was referred to …
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
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.
Learn more about our methodology