Loading…
Know Before You Owe Private Education Loan Act of 2018
Legislative Progress
Momentum (last 30 days)
0
score
0 actions · 0 new cosponsors · 0 votes
Speed vs cohort
0pct
0d open
vs 3,805 other S bills in the 115th — cohort avg 41d
Know Before You Owe Private Student Loan Act of 2018 This bill amends the Truth in Lending Act to revise requirements for disclosures in private education loan applications. Before issuing a private education loan for a student attending an institution of higher education (IHE), lenders must obtain the IHE's certification of the student's enrollment status, the student's cost of attendance, and the difference between that cost and the student's estimated financial assistance. Lenders must: (1) send loan statements to borrowers at least once every three months a student is enrolled at an IHE, (2) notify the relevant IHE of the loan amount and the student to whom it applies no later than the date funds are issued, and (3) submit an annual report to the Consumer Financial Protection Bureau (CFPB) containing information the CFPB requires concerning private student loans. This bill amends the Higher Education Act of 1965 to require IHEs, before providing lenders with certifications, to determine whether students have exhausted their options for federal financial aid assistance and notify borrowers of: (1) the availability of assistance, (2) their ability to choose their own private educational lender, (3) the impact of the proposed private education loan on their eligibility for other financial assistance, and (4) their right to accept or reject a private education loan within 30 days of the lender's approval of their application and to cancel the loan within 3 business days of its consummation.
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)
2018 · fourth_quarter · Education
S.856/H.R.1949, Campus Accountability and Safety Act, in support of ending campus sexual assault; H.R. 1387, Scholarships for Opportunity and Results Reauthorization Act (SOAR), in opposition to school vouchers and diverting public funds to private or religious elementary and secondary schools; H.R.2353, Strengthening Career and Technical Education for the 21st Century Act, in support of increasing opportunities for women and underrepresented populations in nontraditional careers and apprenticeship programs; S.1421/H.R.3828, Patsy T. Mink Gender Equity in Education Act of 2017, in support of Title IX and federal protections against the gender discrimination of women in education; S. 3110/H.R. 6184, Patsy T. Mink and Louise M. Slaughter Gender Equity in Education Act of 2018, in support of Title IX and protections against gender discrimination in education; S.1270/H.R.2653, STEM Opportunities Act of 2017, in support of reducing barriers that deter women and underrepresented minorities from pursuing academic and career goals in STEM fields; S.1246/H.R.2709, Women and Minorities in STEM Booster Act of 2017, in support of broadening participation by women and minorities in science, technology, engineering and mathematics (STEM) fields; S.954/H.R.2151, Tyler Clementi Higher Education Anti-Harassment Act of 2017, in support of preventing and responding to bullying and harassment at institutions of higher education; S.1690/H.R.3463, Child Care Access Means Parents In School Reauthorization Act, in support of increasing access to higher education to students through campus-based child care services; S.2695/H.R.5277, SOS Campus Act, in support of independent advocate for campus sexual assault prevention and response; H.R.3554, SIMPLE Act, in support of income-driven student debt repayment options; H.R. 4508, PROSPER Act, in opposition to changes to federal student loan borrowing, income-based repayment, and loan forgiveness as well as changes efforts to combat campus sexual violence; H.R. 4030, Title IX Protection Act, in support of codifying the 2011 Dear Colleague letter and 2014 Question and Answers on Title IX and Sexual Violence issues by the Office for Civil Rights at the U.S. Department of Education; S. 3471/H.R. 3397, Building Blocks of STEM Act, in support of early childhood STEM education; S. 1968/H.R. 3316, Code Like A Girl Act, in support of increasing access to STEM and computer science education for young girls; H.R. 4269, Public Funds for Public Schools Act, in support of closing a tax loophole that diverts public dollars away from public schools; S. 2517/H.R. 5199, Military Education Savings Account Act of 2018, in opposition to directing funds away from public education; S. 2572/H.R. 1957, Safe Schools Improvement Act, in support of ending bullying and harassment in schools; S. 2584/H.R. 5374, Student Non-Discrimination Act of 2018, in opposition to denying access to education and all forms of discrimination based upon gender or gender identity; H.R. 3581, Pell Grant Flexibility Act of 2017, in support of federal financial aid including Pell grants and student loans; S. 3205/H.R. 6352, Know Before You Owe Private Education Loan Act of 2018, in support of increasing awareness of student loan options; H.R. 6537, Education Department Civil Rights Transparency Act, in support of increasing transparency of the number of civil rights complaints to the U.S. Department of Education; H.R. 6464, Hold Accountable and Lend Transparency (HALT) on Campus Sexual Violence Act, in support of strengthening prevention and enforcement efforts at colleges and universities to help end sexual harassment and violence; In opposition to allowing states and school districts to move funds meant for disadvantaged students into other programs and eliminating maintenance-of-effort requirements, in opposition to federally funded school vouchers; In opposition to the repeal of gainful employment and borrower defense regulations; In support of protecting Title IX, its regulations, and guidance; In opposition to the rescission of the 2011 Dear Colleague Letter on Sexual Violence as well as the 2014 Questions and Answers on Title IX and Sexual Violence; In support of improving accountability, including policies to reduce bullying and harassment, ensuring civil rights protections for students at charter schools; In opposition to a tuition tax credit programs; In support of additional disaggregation and crosstabulation of student achievement data, including gender, race/ethnicity, disability status, English learner status, and other categories; Expressing concerns about Department of Education changes to the student loan servicing guidance and procurement requirements, debt collection contracting, and the delay of critical regulations effects on black and latino borrowers; In support of preserving the Public Service Loan Forgiveness program; In opposition to denying access to contraception specifically by employers or schools; In opposition to the roll back of the 2014 joint school discipline guidance package including the Joint Dear Colleague on the Nondiscriminatory Administration of School Discipline by the U.S. Department of Education and the U.S. Department of Justice; In support of protecting and expanding the campus voter registration provision in the Higher Education Act; In support of equal access to high-skilled, high-wage jobs; In opposition to the proposed consolidation of the U.S. Department of Education's Office of Career, Technical and Adult Education (OCTAE) into a new office of Postsecondary and Lifelong Learning; In support of the U.S. Department of Education's enforcement of the Supreme Court's case of Plyler v. Doe; In opposition to U.S. Department of Education and U.S. Department of Justice rolling back the diversity and affirmative action guidance; In opposition to U.S. Department of Education and U.S. Department of Health and Human Services narrowing the legal definition of sex.
Read twice and referred to the Committee on Health, Education, Labor, and Pensions. (text of measure as introduced: CR S4952-4953)
Introduced in Senate
Bills with similar content found using semantic analysis.
Sources: Congress.gov
Client expense: $60,000 · Firm income: Not reported
Government targets: Commerce, Dept of (DOC), Education, Dept of, Equal Employment Opportunity Commission (EEOC), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Justice, Dept of (DOJ), Labor, Dept of (DOL), SENATE
2018 · third_quarter · Accounting
Preservation of the tax-exempt status of municipal bonds, specifically Qualified Student Loan Bonds. Specific bills include: H.R. 480, the Student Loan Opportunity Act. Student financial assistance issues, specifically those related to student loans, as Congress works to reauthorize the Higher Education Act. Specific bills include: S.2768 - VET OPP Act of 2018, H.R.6352 and S.3205 - Know Before You Owe Private Loan Act of 2018,and H.R. 6486 - Workforce Development Through Post-Graduation Scholarships Act of 2018.
Client expense: $14,820 · Firm income: Not reported
Government targets: Consumer Financial Protection Bureau (CFPB), Education, Dept of, HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of
2018 · third_quarter · Education
S.856/H.R.1949, Campus Accountability and Safety Act, in support of ending campus sexual assault; H.R. 1387, Scholarships for Opportunity and Results Reauthorization Act (SOAR), in opposition to school vouchers and diverting public funds to private or religious elementary and secondary schools; H.R.2353, Strengthening Career and Technical Education for the 21st Century Act, in support of increasing opportunities for women and underrepresented populations in nontraditional careers and apprenticeship programs; S.1421/H.R.3828, Patsy T. Mink Gender Equity in Education Act of 2017, in support of Title IX and federal protections against the gender discrimination of women in education; S. 3110/H.R. 6184, Patsy T. Mink and Louise M. Slaughter Gender Equity in Education Act of 2018, in support of Title IX and protections against gender discrimination in education; S.1270/H.R.2653, STEM Opportunities Act of 2017, in support of reducing barriers that deter women and underrepresented minorities from pursuing academic and career goals in STEM fields; S.1246/H.R.2709, Women and Minorities in STEM Booster Act of 2017, in support of broadening participation by women and minorities in science, technology, engineering and mathematics (STEM) fields; S.954/H.R.2151, Tyler Clementi Higher Education Anti-Harassment Act of 2017, in support of preventing and responding to bullying and harassment at institutions of higher education; S.1690/H.R.3463, Child Care Access Means Parents In School Reauthorization Act, in support of increasing access to higher education to students through campus-based child care services; S.2695/H.R.5277, SOS Campus Act, in support of independent advocate for campus sexual assault prevention and response; H.R.3554, SIMPLE Act, in support of income-driven student debt repayment options; H.R. 4508, PROSPER Act, in opposition to changes to federal student loan borrowing, income-based repayment, and loan forgiveness as well as changes efforts to combat campus sexual violence; H.R. 4030, Title IX Protection Act, in support of codifying the 2011 Dear Colleague letter and 2014 Question and Answers on Title IX and Sexual Violence issues by the Office for Civil Rights at the U.S. Department of Education; H.R. 3397, Building Blocks of STEM Act, in support of early childhood STEM education; H.R. 3316, Code Like A Girl Act, in support of increasing access to STEM and computer science education for young girls; H.R. 4269, Public Funds for Public Schools Act, in support of closing a tax loophole that diverts public dollars away from public schools; S. 2517/H.R. 5199, Military Education Savings Account Act of 2018, in opposition to directing funds away from public education; S. 2572/H.R. 1957, Safe Schools Improvement Act, in support of ending bullying and harassment in schools; S. 2584/H.R. 5374, Student Non-Discrimination Act of 2018, in opposition to denying access to education and all forms of discrimination based upon gender or gender identity; H.R. 3581, Pell Grant Flexibility Act of 2017, in support of federal financial aid including Pell grants and student loans; S. 3205/H.R. 6352, Know Before You Owe Private Education Loan Act of 2018, in support of increasing awareness of student loan options; H.R. 6537, Education Department Civil Rights Transparency Act, in support of increasing transparency of the number of civil rights complaints to the U.S. Department of Education; Hold Accountable and Lend Transparency (HALT) on Campus Sexual Violence Act, in support of strengthening prevention and enforcement efforts at colleges and universities to help end sexual harassment and violence; In opposition to allowing states and school districts to move funds meant for disadvantaged students into other programs and eliminating maintenance-of-effort requirements, in opposition to federally funded school vouchers; In opposition to the repeal of gainful employment and borrower defense regulations; In support of protecting Title IX, its regulations, and guidance; In opposition to the rescission of the 2011 Dear Colleague Letter on Sexual Violence as well as the 2014 Questions and Answers on Title IX and Sexual Violence; In support of improving accountability, including policies to reduce bullying and harassment, ensuring civil rights protections for students at charter schools; In opposition to a tuition tax credit programs; In support of additional disaggregation and crosstabulation of student achievement data, including gender, race/ethnicity, disability status, English learner status, and other categories; Expressing concerns about Department of Education changes to the student loan servicing guidance and procurement requirements, debt collection contracting, and the delay of critical regulations effects on black and latino borrowers; In support of awarding Billie Jean King the Congressional Gold Medal award for her advocacy and work to support Title IX and womens' access to athletic opportunities; In support of preserving the Public Service Loan Forgiveness program; In opposition to denying access to contraception specifically by employers or schools; In support of the 2014 joint school discipline guidance package including the Joint Dear Colleague on the nondiscriminatory Administration of School Discipline from the U.S. Department of Education and the U.S. Department of Justice; In support of equal access to high-skilled, high-wage jobs; In support of the U.S. Department of Education's enforcement of the Supreme Court's case of Plyler v. Doe; In opposition to U.S. Department of Education and U.S. Department of Justice rolling back the diversity and affirmative action guidance.
Client expense: $45,000 · Firm income: Not reported
Government targets: Commerce, Dept of (DOC), Education, Dept of, Equal Employment Opportunity Commission (EEOC), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Justice, Dept of (DOJ), SENATE
2018 · second_quarter · Education
S.856/H.R.1949, Campus Accountability and Safety Act, in support of ending campus sexual assault; H.R. 1387, Scholarships for Opportunity and Results Reauthorization Act (SOAR), in opposition to school vouchers and diverting public funds to private or religious elementary and secondary schools; H.R.2353, Strengthening Career and Technical Education for the 21st Century Act, in support of increasing opportunities for women and underrepresented populations in nontraditional careers and apprenticeship programs; S.1421/H.R.3828, Patsy T. Mink Gender Equity in Education Act of 2017, in support of Title IX and federal protections against the gender discrimination of women in education; S. 3110/H.R. 6184, Patsy T. Mink and Louise M. Slaughter Gender Equity in Education Act of 2018, in support of Title IX and protections against gender discrimination in education; S.1270/H.R.2653, STEM Opportunities Act of 2017, in support of reducing barriers that deter women and underrepresented minorities from pursuing academic and career goals in STEM fields; S.1246/H.R.2709, Women and Minorities in STEM Booster Act of 2017, in support of broadening participation by women and minorities in science, technology, engineering and mathematics (STEM) fields; S.954/H.R.2151, Tyler Clementi Higher Education Anti-Harassment Act of 2017, in support of preventing and responding to bullying and harassment at institutions of higher education; S.1690/H.R.3463, Child Care Access Means Parents In School Reauthorization Act, in support of increasing access to higher education to students through campus-based child care services; S.2695/H.R.5277, SOS Campus Act, in support of independent advocate for campus sexual assault prevention and response; H.R.3554, SIMPLE Act, in support of income-driven student debt repayment options; H.R. 4508, PROSPER Act, in opposition to changes to federal student loan borrowing, income-based repayment, and loan forgiveness as well as changes efforts to combat campus sexual violence; H.R. 4030, Title IX Protection Act, in support of codifying the 2011 Dear Colleague letter and 2014 Question and Answers on Title IX and Sexual Violence issues by the Office for Civil Rights at the U.S. Department of Education; H.R. 3397, Building Blocks of STEM Act, in support of early childhood STEM education; H.R. 3316, Code Like A Girl Act, in support of increasing access to STEM and computer science education for young girls; H.R. 4269, Public Funds for Public Schools Act, in support of closing a tax loophole that diverst public dollars away from public schools; S. 2517/H.R. 5199, Military Education Savings Account Act of 2018, in opposition to directing funds away from public education; S. 2572/H.R. 1957, Safe Schools Improvement Act, in support of ending bullying and harassment in schools; S. 2584/H.R. 5374, Student Non-Discrimination Act of 2018, in opposition to denying access to education and all forms of discrimination based upon gender or gender identity; H.R. 3581, Pell Grant Flexibility Act of 2017, in support of federal financial aid including Pell grants and student loans; S. 3205/H.R. 6352, Know Before You Owe Private Education Loan Act of 2018, in support of increasing awareness of student loan options; Hold Accountable and Lend Transparency (HALT) on Campus Sexual Violence Act, in support of strengthening prevention and enforcement efforts at colleges and universities to help end sexual harassment and violence; In opposition to allowing states and school districts to move funds meant for disadvantaged students into other programs and eliminating maintenance-of-effort requirements, in opposition to federally funded school vouchers; In opposition to the repeal of gainful employment and borrower defense regulations; In support of protecting Title IX, its regulations, and guidance; In opposition to the rescission of the 2011 Dear Colleague Letter on Sexual Violence as well as the 2014 Questions and Answers on Title IX and Sexual Violence; In support of improving accountability, including policies to reduce bullying and harassment, ensuring civil rights protections for students at charter schools; In opposition to a tuition tax credit programs; In support of additional disaggregation and crosstabulation of student achievement data, including gender, race/ethnicity, disability status, English learner status, and other categories; Expressing concerns about Department of Education changes to the student loan servicing guidance and procurement requirements, debt collection contracting, and the delay of critical regulations effects on black and latino borrowers; In opposition to the confirmation of Ken Marcus as the Assistant Secretary for Civil Rights at the U.S. Department of Education; In support of awarding Billie Jean King the Congressional Gold Medal award for her advocacy and work to support Title IX and womens' access to athletic opportunities; In support of preserving the Public Service Loan Forgiveness program; In opposition to denying access to contraception specifically by employers or schools; In support of the 2014 joint school discipline guidance package including the Joint Dear Colleague on the Nondiscriminatory Administration of School Discipline from the U.S. Department of Education and the U.S. Department of Justice; In support of protecting and expanding the campus voter registration provision in the Higher Education Act; In support of equal access to high-skilled, high-wage jobs; In opposition to the proposed consolidation of the U.S. Department of Education's Office of Career, Technical and Adult Education (OCTAE) into a new office of Postsecondary and Lifelong Learning; In support of the U.S. Department of Education's enforcement of the Supreme Court's case of Plyler v. Doe; In opposition to the recision of the 2011- 2016 guidance documents on affirmative action and school diversity.
Client expense: $60,000 · Firm income: Not reported
Government targets: Education, Dept of, Equal Employment Opportunity Commission (EEOC), HOUSE OF REPRESENTATIVES, Justice, Dept of (DOJ), SENATE
| Democratic |
| WI |
| Tina Smith | Democratic | MN |