S4565-118

Introduced

To amend the Higher Education Act of 1965 to provide for institutional ineligibility based on low cohort repayment rates and to require risk-sharing payments of institutions of higher education.

118th Congress Introduced Jun 18, 2024

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 provide for institutional ineligibility based on low cohort repayment rates and to require risk-sharing payments of institutions of higher education., changes federal law or congressional policy affecting schools, students, and education providers. The main policy domain is Education, Finance, Defense.

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 S1: 1. Short title This Act may be cited as the Student Protection and Success Act .
  • Section id4975994DFFDA428C94D1C0CB4F30A8F3: 2. Institutional ineligibility based on low cohort repayment rate Section 455 of the Higher Education Act of 1965 (20 U.S.C. 1087e), as amended by the FAFSA...
  • Section idDCD6B098AF9146CDB689EDEC0463BFD4: 3. College opportunity bonus program Subpart 1 of part A of title IV of the Higher Education Act of 1965 (20 U.S.C. 1070a et seq.) is amended by adding at the...
  • Section idF3CBCD6571AD4BAF990723300103B964: 401B. College opportunity bonus program Beginning with fiscal year 2027 and each succeeding fiscal year, the Secretary shall award grants to eligible...
  • Section id5263621D7F24487AAC897CCF881C3E2E: 4. Risk-sharing payments Section 454 of the Higher Education Act of 1964 (20 U.S.C. 1087d) is amended— in subsection (a)— in paragraph (5), by striking and...

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 provide for institutional ineligibility based on low cohort repayment rates and to require risk-sharing payments of institutions of higher education., changes federal law or congressional policy affecting schools, students, and education providers.

Key Policy Areas

Education, Finance, Defense

Primary Purpose

This bill, To amend the Higher Education Act of 1965 to provide for institutional ineligibility based on low cohort repayment rates and to require risk-sharing payments of institutions of higher education., changes federal law or congressional policy affecting schools, students, and education providers.

Policy Domains

Education Finance Defense

Whole bill

Identified Gains
  • schools, students, and education providers
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: is
schools, students, and education providers: ,
Identified Costs
  • federal implementing agencies
  • schools, students, and education providers
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: is
federal implementing agencies: ,
schools, students, and education providers: ,

Legislative Progress

Introduced
Introduced Committee Passed
Jun 18, 2024

Mrs. Shaheen (for herself and Mr. Young) introduced the following …

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?

Domains
Education Finance Defense
Actor Mappings
"secretary_of_education"
→ Secretary of Education

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