Empowering Student Borrowers Act
Legislative Progress
Momentum (last 30 days)
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vs 3,548 other S bills in the 114th — cohort avg 43d
Empowering Student Borrowers Act Amends the Higher Education Act of 1965 to direct the Secretary of Education to establish, maintain, and periodically update best practices for institutions of higher education in: (1) teaching financial literacy skills, and (2) providing students with useful and necessary information to assist them in making financial decisions related to student borrowing. Requires those practices to include: methods to ensure that students have a clear sense of their total borrowing obligations; the most effective ways to engage students in financial literacy education; information on how to target different student populations, including part-time students, first-time students, and other nontraditional students; and ways to clearly communicate the importance of graduating on a student's ability to repay student loans.
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 (1)
2016 · fourth_quarter · Education
Student Loan Interest Deduction Act (HR 509) - expands student loan interest deduction Student Loan Refinancing Act (HR 649) - would allow borrowers to refinance federal student loans Empowering Student Borrowers Act (S. 781)- requires higher ed institutions to provide financial literacy education Allow interest free forbearance and/or deferment for loans in the internship/residency status of either payment delay option.
Client expense: $23,473 · Firm income: Not reported
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Introduced in Senate
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Sources: Congress.gov
Government targets: HOUSE OF REPRESENTATIVES, SENATE, Veterans Affairs, Dept of (VA)
2016 · third_quarter · Education
Student Loan Interest Deduction Act (HR 509) - expands student loan interest deduction Student Loan Refinancing Act (HR 649) - would allow borrowers to refinance federal student loans Empowering Student Borrowers Act (S. 781)- requires higher ed institutions to provide financial literacy education Allow interest free forbearance and/or deferment for loans in the internship/residency status of either payment delay option.
Client expense: $19,929 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2016 · second_quarter · Education
Student Loan Interest Deduction Act (HR 509) - expands student loan interest deduction Student Loan Refinancing Act (HR 649) - would allow borrowers to refinance federal student loans Empowering Student Borrowers Act (S. 781)- requires higher ed institutions to provide financial literacy education Allow interest free forbearance and/or deferment for loans in the internship/residency status of either payment delay option.
Client expense: $116,687 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE, Veterans Affairs, Dept of (VA)
2016 · first_quarter · Education
Student Loan Interest Deduction Act (HR 509) Student Loan Refinancing Act (HR 649) Empowering Student Borrowers Act (S. 781) Allow interest free forbearance and/or deferment for loans in the internship/residency status of either payment delay option.
Client expense: $23,509 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE