Students would get more protection from bad college practices and easier ways to get their loans forgiven.
This bill would make it harder for colleges to mislead students. It would also make it easier for students to get their federal loans discharged if they were defrauded. The bill would set new standards for college programs based on how much students earn and their debt, and would increase oversight of schools and their contractors. The goal is to protect students and taxpayers from programs that don't deliver good value.
Today, some college programs can receive federal student aid even if they consistently leave students with high debt and low earnings, and students may face hurdles when seeking loan forgiveness for school misconduct. This bill would create clear performance standards for programs, expand the reasons and ease the process for students to get federal loans discharged, and significantly increase government oversight and enforcement, making it harder for problematic schools to receive federal funding or engage in deceptive practices.
S 994 · 119th Congress · AI Summary by gemini-2.5-flash · 7/10
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2 filings mentioned this bill
Amounts reflect total quarterly lobbying spend reported to the Senate, not bill-specific spending. Source: Senate LDA filings.