118th Congress · HOUSE BILLBILL

H.R. 7879 — Student Protection Act

“To amend the Higher Education Act of 1965 to include court-ordered receivership in the list of actions resulting in a change of ownership of institutions of higher education.”

Education

Introduced Apr 5, 2024

Last action Apr 5, 2024

Pipeline · Bill → Law

Step 1

Introduced

Apr 5, 2024

Step 2

Referred

Apr 5, 2024

Education and Workforce

Step 3

Committee

Step 4

House floor

Step 5

Senate

Step 6

Resolve Changes

Step 7

Signed

SummaryCRS Summary

This bill expands the list of actions that may result in the change of control of an institution of higher education (IHE) to include a court-ordered receivership. Such changes of control disqualify an IHE from participating in federal student-aid programs unless the IHE establishes that it meets specific requirements following the change of control

Provisions · 2 sectionsIntroduced in House

Timeline · 2 actions

Apr 5, 2024

Introduced in House

Apr 5, 2024

Referred to the House Committee on Education and the Workforce.