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Search Results: keywords:"risk-sharing payments"

  • The bill S. 4565, titled the "Student Protection and Success Act," aims to amend the Higher Education Act of 1965 to address low cohort repayment rates and establish risk-sharing payments for institutions of higher education. Beginning in 2027, colleges and universities with...

    Simple Explanation

    This new bill wants schools to help students pay back their loans. If too many students can't pay, the schools might not get money from the government anymore. Schools that do a good job helping students with their loans can get extra money as a reward.

  • The College Cost Reduction Act, introduced in the House of Representatives, aims to make postsecondary education more affordable for students and their families. The bill proposes measures to increase transparency in financial aid offers, redefines aid calculation and limits,...

    Simple Explanation

    The College Cost Reduction Act is a plan to make college less expensive for students and their families by clear up how financial aid works, setting limits on loans, and making sure colleges help students finish school and pay back their loans.