FAIR Student Credit Act of 2015
Legislative Progress
Momentum (last 30 days)
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0 actions · 0 new cosponsors · 0 votes
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vs 3,548 other S bills in the 114th — cohort avg 43d
Federal Adjustment in Reporting Student Credit Act of 2015 or the FAIR Student Credit Act of 2015 Amends the Fair Credit Reporting Act to allow a person to request the removal of a previously reported default regarding a qualified education loan from a consumer report if: (1) the lender chooses to offer a loan rehabilitation program that requires a number of consecutive on-time monthly payments equal to the number of payments specified in a default reduction program under the Higher Education Act of 1965, and (2) the consumer of such loan successfully and voluntarily meets the requirements of that loan rehabilitation program. Permits a consumer to obtain such rehabilitation benefits only once per loan. Requires the Government Accountability Office to report on any hurdles borrowers experience with the private loan rehabilitation program.
These links require the bill number to appear in the filing's source-reported specific issue text. Client expenses and lobbying-firm income are separate disclosure fields.
Filing registrants (2)
2016 · fourth_quarter · Education
Issues pertaining to Title IV of the Higher Education Act, and the Higher Education Act Reauthorization; Issues related to student loan servicing and collections; S 3040, Departments of Labor, Health and Human Services, and Education, and Related Agencies Appropriations Act, 2017; HR 2363, FAIR Student Credit Act of 2015 - a bill to provide for the removal of default information from a borrowers credit report with respect to certain rehabilitated education loans; S 1309, FAIR Student Credit Act of 2015 - a bill to provide for the removal of default information from a borrowers credit report with respect to certain rehabilitated education loans; HR 3861, Employer Participation in Student Loan Assistance Act - a bill to amend the Internal Revenue Code of 1986 to extend the exclusion for employer-provided educational assistance to employer payments of qualified education loans; S 2457, Employer Participation in Repayment Act of 2016 - a bill to amend the Internal Revenue Code of 1986 to extend the exclusion for employer-provided education assistance to employer payments of student loans; HR 5962, Streamlining Income-driven, Manageable Payments on Loans for Education (SIMPLE) Act - a bill to amend the Higher Education Act of 1965 to provide for the automatic recertification of income for income-driven repayment plans; HR 5755, Letter of Estimated Annual Debt for Students (LEADS) Act of 2016 - a bill o amend the Higher Education Act of 1965 to require institutions of higher education to provide students with annual estimates of student loan borrowing costs.
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Introduced in Senate
Bills with similar content found using semantic analysis.
Sources: Congress.gov
Client expense: $520,000 · Firm income: Not reported
Government targets: Federal Communications Commission (FCC), HOUSE OF REPRESENTATIVES, SENATE
2016 · third_quarter · Education
Issues pertaining to Title IV of the Higher Education Act, and the Higher Education Act Reauthorization; Issues related to student loan servicing and collections; S 3040, Departments of Labor, Health and Human Services, and Education, and Related Agencies Appropriations Act, 2017; HR 2363, FAIR Student Credit Act of 2015 - a bill to provide for the removal of default information from a borrowers credit report with respect to certain rehabilitated education loans; S 1309, FAIR Student Credit Act of 2015 - a bill to provide for the removal of default information from a borrowers credit report with respect to certain rehabilitated education loans; HR 3861, Employer Participation in Student Loan Assistance Act - a bill to amend the Internal Revenue Code of 1986 to extend the exclusion for employer-provided educational assistance to employer payments of qualified education loans; S 2457, Employer Participation in Repayment Act of 2016 - a bill to amend the Internal Revenue Code of 1986 to extend the exclusion for employer-provided education assistance to employer payments of student loans; HR 5962, Streamlining Income-driven, Manageable Payments on Loans for Education (SIMPLE) Act - a bill to amend the Higher Education Act of 1965 to provide for the automatic recertification of income for income-driven repayment plans; HR 5755, Letter of Estimated Annual Debt for Students (LEADS) Act of 2016 - a bill o amend the Higher Education Act of 1965 to require institutions of higher education to provide students with annual estimates of student loan borrowing costs.
Client expense: $400,000 · Firm income: Not reported
Government targets: Federal Communications Commission (FCC), HOUSE OF REPRESENTATIVES, SENATE
2016 · second_quarter · Education
Issues pertaining to Title IV of the Higher Education Act, and the Higher Education Act Reauthorization; Issues related to student loan servicing and collections; S 3040, Departments of Labor, Health and Human Services, and Education, and Related Agencies Appropriations Act, 2017; HR 2363, FAIR Student Credit Act of 2015 - a bill to provide for the removal of default information from a borrowers credit report with respect to certain rehabilitated education loans; S 1309, FAIR Student Credit Act of 2015 - a bill to provide for the removal of default information from a borrowers credit report with respect to certain rehabilitated education loans; HR 3861, Employer Participation in Student Loan Assistance Act - a bill to amend the Internal Revenue Code of 1986 to extend the exclusion for employer-provided educational assistance to employer payments of qualified education loans; S2457, Employer Participation in Repayment Act of 2016 - a bill to amend the Internal Revenue Code of 1986 to extend the exclusion for employer-provided education assistance to employer payments of student loans.
Client expense: $440,000 · Firm income: Not reported
Government targets: Federal Communications Commission (FCC), HOUSE OF REPRESENTATIVES, SENATE
2016 · first_quarter · Education
Issues pertaining to Title IV of the Higher Education Act, and the Higher Education Act Reauthorization; Issues related to student loan servicing and collections; HR 2363, FAIR Student Credit Act of 2015 - a bill to provide for the removal of default information from a borrowers credit report with respect to certain rehabilitated education loans; S 1309, FAIR Student Credit Act of 2015 - a bill to provide for the removal of default information from a borrowers credit report with respect to certain rehabilitated education loans; HR 3861, Employer Participation in Student Loan Assistance Act - a bill to amend the Internal Revenue Code of 1986 to extend the exclusion for employer-provided educational assistance to employer payments of qualified education loans; S2457, Employer Participation in Repayment Act of 2016 - a bill to amend the Internal Revenue Code of 1986 to extend the exclusion for employer-provided education assistance to employer payments of student loans.
Client expense: $710,000 · Firm income: Not reported
Government targets: Federal Communications Commission (FCC), HOUSE OF REPRESENTATIVES, SENATE
2015 · fourth_quarter · Education
Issues pertaining to Title IV of the Higher Education Act, and the Higher Education Act Reauthorization; Issues related to student loan servicing and collections; HR 2363, FAIR Student Credit Act of 2015; S 1309, FAIR Student Credit Act of 2015; H.R.3594, Federal Perkins Loan Program Extension Act of 2015
Client expense: $410,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2015 · third_quarter · Education
Issues pertaining to Title IV of the Higher Education Act, and the Higher Education Act Reauthorization; HR 2363, FAIR Student Credit Act of 2015; S 1309, FAIR Student Credit Act of 2015
Client expense: $450,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2015 · second_quarter · Education
S.590 - Campus Accountability and Safety Act S.1102 - Protect Student Borrowers Act of 2015 H.R.2192 - PRO Students Act S.1309 - FAIR Student Credit Act of 2015 S.1177 - Every Child Achieves Act of 2015 Family Educational Rights and Privacy Act HEA Reauthorization
Client expense: $50,900 · Firm income: Not reported
Government targets: Education, Dept of, HOUSE OF REPRESENTATIVES, SENATE
2015 · second_quarter · Education
Issues pertaining to Title IV of the Higher Education Act, and the Higher Education Act Reauthorization; HR 2363, FAIR Student Credit Act of 2015; S 1309, FAIR Student Credit Act of 2015
Client expense: $490,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE