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House Bill 1125
118th Congress(2023-2024)
STUDENT Act
Introduced
Introduced
Introduced in House on Feb 21, 2023
Overview
Text
Introduced in House 
Feb 21, 2023
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Introduced in House(Feb 21, 2023)
Feb 21, 2023
About Linkage
Multiple bills can contain the same text. This could be an identical bill in the opposite chamber or a smaller bill with a section embedded in a larger bill.
Bill Sponsor regularly scans bill texts to find sections that are contained in other bill texts. When a matching section is found, the bills containing that section can be viewed by clicking "View Bills" within the bill text section.
Bill Sponsor is currently only finding exact word-for-word section matches. In a future release, partial matches will be included.
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H. R. 1125 (Introduced-in-House)


118th CONGRESS
1st Session
H. R. 1125


To require disclosure of the total amount of interest that would be paid over the life of a loan for certain Federal student loans.

IN THE HOUSE OF REPRESENTATIVES

February 21, 2023

Mr. Feenstra (for himself, Mrs. Miller-Meeks, and Mr. Nunn of Iowa) introduced the following bill; which was referred to the Committee on Education and the Workforce

A BILL

To require disclosure of the total amount of interest that would be paid over the life of a loan for certain Federal student loans.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Short title.

This Act may be cited as the “Student Transparency for Understanding Decisions in Education Net Terms Act” or the “STUDENT Act”.

SEC. 2. Interest disclosure.

Section 433(a) of the Higher Education Act of 1965 (20 U.S.C. 1083(a)) is amended—

(1) by redesignating paragraphs (18) and (19) as paragraphs (19) and (20), respectively; and

(2) by inserting after paragraph (17) the following:

“(18) the total amount of interest that would be paid over the life of the loan based on a standard 10-year repayment plan;”.