House Bill 1429
115th Congress(2017-2018)
LEADS Act of 2017
Introduced
Introduced in House on Mar 8, 2017
Origin Chamber
House
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
1429
Congress
115
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.
No House votes have been held for this bill.
Summary
Letter of Estimated Annual Debt for Students Act of 2017 or the LEADS Act of 2017
This bill amends title IV (Student Assistance) of the Higher Education Act of 1965 to require an institution of higher education that participates in federal student aid programs to provide an annual estimate of borrowing costs to each enrolled student who receives an education loan. The cost estimate must include the student's cumulative education loan balance, projected monthly payment amount, and interest rate on each loan.
March 8, 2017
03/08/2017
Referred to the House Committee on Education and the Workforce.
03/08/2017
Introduced in House
Public Record
Record Updated
Jan 11, 2023 1:35:42 PM