118th Congress · HOUSE BILLBILL

H.R. 3453 — Higher Standards for Higher Education Act

“To require the Secretary of Education to report default and other data for each program of study of certain institutions of higher education for which the Secretary annually reports cohort default data under the Higher Education Act of 1965.”

Education

Introduced May 17, 2023

Last action May 17, 2023

Pipeline · Bill → Law

Step 1

Introduced

May 17, 2023

Step 2

Referred

May 17, 2023

Education and Workforce

Step 3

Committee

Step 4

House floor

Step 5

Senate

Step 6

Resolve Changes

Step 7

Signed

SummaryCRS Summary

This bill requires the Department of Education, in its annual report on cohort default rates (generally, a percentage of how many current and former students default on their student loans in a fiscal year), to collect and report additional data for institutions of higher education with an endowment of $1 billion or more.

Provisions · 2 sectionsIntroduced in House

Timeline · 2 actions

May 17, 2023

Introduced in House

May 17, 2023

Referred to the House Committee on Education and the Workforce.