Senate Bill 2124
116th Congress(2019-2020)
Skin in the Game Act
Introduced
Introduced
Introduced in Senate on Jul 16, 2019
Overview
Text
Introduced
Jul 16, 2019
Latest Action
Jul 16, 2019
Origin Chamber
Senate
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
2124
Congress
116
Policy Area
Education
Education
Primary focus of measure is elementary, secondary, or higher education including special education and matters of academic performance, school administration, teaching, educational costs, and student aid.
Sponsorship by Party
Missouri
No Senate votes have been held for this bill.
Summary

Skin in the Game Act

This bill requires each institution of higher education (IHE) participating in the federal direct student loan program to pay 50% of any student loan balance that is in default for a loan that was used toward the cost of attendance at such IHE.

An IHE may not increase the costs of attendance in order to offset its liability to pay such balances.

Text (1)
Actions (2)
07/16/2019
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
07/16/2019
Introduced in Senate
Public Record
Created
Jul 17, 2019 4:42:09 AM
Updated
Aug 15, 2020 4:36:37 AM