HR 2899 · 119th CongressIn Committeecongress.gov ↗
What this bill does
AI plain-language summaryThis bill creates new rules to protect college students from unfair financial practices by schools. It gives the Department of Education official power to enforce regulations about whether career programs actually help students get good jobs and earn enough money to pay back their loans. The bill also stops colleges from preventing students from suing them in court or withholding transcripts when students owe money. Schools that receive federal student aid money must spend at least 30% of their tuition and fees on actual teaching, and the Department of Education will create new systems to track complaints against schools and loan companies.
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