jiayi-li23/proxann_data huggingface dataset:
Topic: Education — Higher
Subject: Education
Date: 2015-08-05 00:00:00

Access to Fair Financial Options for Repaying Debt Act of 2015 or the AFFORD Act

This bill terminates existing federal student loan repayment plan options for borrowers of federal Direct Loan (DL) program loans issued on or after July 1, 2016.

It amends title IV (Student Assistance) of the Higher Education Act of 1965 to establish two new repayment plan options.

First, the bill creates a new version of the income-based repayment (IBR) plan that includes capping monthly payments at 10% of discretionary income, setting a 20-year maximum repayment period, broadening eligible borrowers to include borrowers without a partial financial hardship, and expanding qualifying loans to include parent PLUS loans and consolidation loans that repay parent PLUS loans.

Second, it establishes a fixed repayment plan in which an enrolled borrower makes fixed monthly payments over a maximum repayment period of 10, 15, 20, or 25 years depending on the total federal loan balance at repayment.

A borrower of a DL program loan issued on or after July 1, 2016, must enroll in the new IBR or fixed repayment plan. A borrower repaying a DL or Federal Family Education Loan program loan issued before July 1, 2016, may retain enrollment in the existing repayment plan or elect to enroll in the new IBR or fixed repayment plan.

This bill requires an institution of higher education that participates in federal student aid programs to: (1) provide, as part of entrance counseling, information on the new IBR and fixed repayment plan options; (2) offer voluntary annual loan counseling to each enrolled student who is known to have one or more student loans; and (3) explain, during exit counseling, a borrower's options to prepay a loan, accelerate a payment schedule, and change a repayment plan.
Topic: Education — Higher
Subject: Education
Date: 2015-08-05 00:00:00

Christopher Bryski Student Loan Protection Act or Christopher's Law

This bill amends the Truth in Lending Act to require a private student loan lender to disclose clearly and conspicuously in writing a cosigner's obligations regarding a private student loan. The Consumer Financial Protection Bureau (CFPB) must publish a model form for such disclosure.

 The bill prohibits a private student loan lender from taking an adverse action against a borrower (e.g., placing a loan in default or accelerating a loan balance) upon a cosigner's death, disability, or bankruptcy. It also prohibits adverse actions against a cosigner for a borrower's death, disability, or bankruptcy.

 The CFPB must establish and a private student loan lender must disclose criteria for releasing a cosigner from a private student loan obligation.

A private student loan lender must also:

 provide prompt notice of a cosigner's release; allow a borrower to designate a legal representative to make decisions upon the death or disability of such borrower; and ensure a borrower and cosigner receive comprehensive counseling on the terms, conditions, and responsibilities of a private student loan. Additionally, this bill amends title IV (Student Assistance) of the Higher Education Act of 1965 to expand the required elements of entrance counseling for a federal student loan borrower to include:

 conditions for loan discharge upon the death or disability of a borrower, options for loan repayment and forgiveness upon the death or disability of a borrower or cosigner, and obligations of a borrower or cosigner upon the death or disability of a borrower. It requires clear and conspicuous disclosure of a student's option to designate a legal representative to make decisions about a federal student loan upon such student's death or disability.
Topic: Education — Higher
Subject: Taxation
Date: 2015-08-05 00:00:00

Amends the Internal Revenue Code to: (1) allow an unlimited tax deduction for student loan interest, (2) repeal the dollar limitation on the tax deduction for qualified tuition and related expenses and make such deduction permanent; (3) allow a carryover to succeeding taxable years of amounts of the deduction for qualified tuition and related expenses that exceed a taxpayer's taxable income; and (4) repeal the dollar limitation on contributions to a Coverdell Education Savings Account.
Topic: Education — Higher
Subject: Education
Date: 2015-08-05 00:00:00

Creating Higher Education Affordability Necessary to Compete Economically Act or the Middle Class CHANCE Act This bill amends title IV (Student Assistance) of the Higher Education Act of 1965 to modify provisions related to the Federal Pell Grant program.

Specifically, it increases the maximum Federal Pell Grant award for academic year 2016-2017 and adjusts it in subsequent award years to account for changes in the Consumer Price Index.

The bill also increases from one to two the number of Pell Grants an eligible student may receive in a single award year (i.e., it restores year-round Pell Grants). An eligible student is a student who has already received one Pell Grant for an award year and is enrolled in an eligible program for an additional payment period (e.g., a summer term) during the same award year. A student's total amount of Pell Grants must not exceed 150% of the maximum Pell Grant for that award year. Also, any period during which a student receives an additional Pell Grant counts toward that student's lifetime Pell Grant eligibility period.

The bill increases from 12 to 15 semesters a student's lifetime Federal Pell Grant eligibility period.
Topic: Education — Higher
Subject: Education
Date: 2015-09-16 00:00:00

Know Before You Owe Federal Student Loan Act of 2015

This bill amends title IV (Student Assistance) of the Higher Education Act of 1965 to expand lender disclosure requirements.

A lender must provide a statement to a Federal Family Education Loan or Direct Loan borrower during a period when loan payments are not required. Such statement must include the current loan balance, original principal loan amount, interest rate, total interest paid, aggregate payments, lender or servicer contact information, and accumulated interest amount. It must also explain the option to pay accrued interest before it capitalizes and suggest a payment amount based on interest charged.

Additionally, the legislation modifies loan counseling requirements for an institution of higher education (IHE) that participates in federal student aid programs.

Currently, an IHE must provide one-time entrance counseling to a student who is a first-time federal student loan borrower. This bill requires an IHE to provide pre-loan counseling to a student borrower of a federal student loan at or prior to the first disbursement of each new loan.

It revises and expands required elements of pre-loan counseling to include a borrower's estimated debt-to-income ratio at graduation, a statement to borrow the minimum necessary amount, a warning that high debt-to-income ratio makes repayment more difficult, options to reduce borrowing, and an explanation of the importance of on-time graduation.

Prior to certifying a Federal Direct Loan disbursement to a student, an IHE must ensure that such student manually enters the exact dollar amount of the loan.
Topic: Education — Higher
Subject: Education
Date: 2015-09-17 00:00:00

Private Education Loan Modification Act of 2015

This bill temporarily authorizes the Department of the Treasury to establish credit facilities, at no net cost to the federal government, to refinance private student loans to ensure lower interest rates for borrowers. Treasury must first determine that existing borrowers are unable to secure adequate credit accommodations to refinance private student loans.

The bill directs Treasury to conduct a national awareness campaign to alert private student loan borrowers who may benefit.

It expresses the sense of the Congress that federal financial institutions and federally chartered private entities should assist borrowers in refinancing existing private student loans.
Topic: Education — Higher
Subject: Education
Date: 2015-09-22 00:00:00

Career and Technical Education Opportunity Act

This bill amends title IV (Student Assistance) of the Higher Education Act of 1965 to expand the programs eligible to participate in federal student aid.

Specifically, it makes eligible for Direct Loan program and Federal Perkins Loan program participation an educational program that provides at least 250 hours of instruction over a minimum of 5 weeks that leads to an industry-recognized credential.

An industry-recognized credential: (1) is high quality, as demonstrated by the institution offering the program; (2) meets local or regional workforce needs; and (3) is endorsed by a national industry trade association.
Topic: Education — Higher
Subject: Education
Date: 2015-09-22 00:00:00

Working Student Act of 2015 

This bill amends title IV (Student Assistance) of the Higher Education Act of 1965 to modify the income protection allowance levels used to calculate a student's expected family contribution and need for financial assistance. (An income protection allowance is an amount for basic living expenses that is protected from being considered income available for postsecondary educational expenses.)

 Specifically, the bill increases, in academic year 2016-2017, income protection allowance levels for students who are dependent, independent without non-spouse dependents (e.g., children), and independent with non-spouse dependents to reduce such students' income available (and increase need for financial assistance) to cover postsecondary educational expenses.

 The Department of Education must, in subsequent years, adjust the income protection allowance levels for inflation.
Topic: Education — Higher
Subject: Education
Date: 2015-09-29 00:00:00

Students Before Profits Act of 2015

This bill amends title IV (Student Assistance) of the Higher Education Act of 1965 to require the Department of Education (ED) to recalculate the cohort default rate and redetermine title IV eligibility for an institution of higher education (IHE) that engages in default manipulation.

 ED may impose enhanced civil penalties and sanctions on IHEs and officers for substantial misrepresentation or other serious violations of title IV requirements. The bill requires ED to establish the Student Relief Fund, financed by civil penalties, to provide financial relief to students enrolled in an IHE that is sanctioned or fails to comply with title IV requirements.

If ED takes an enforcement action (e.g., heightened financial oversight) against a proprietary (i.e., for-profit) IHE, then ED may hold the executive officer of such proprietary IHE personally liable for financial losses related to the enforcement action. Additionally, ED may pursue claims against an IHE's executive officers and board of directors to recover discharged federal student loans.

A proprietary IHE must, as a condition of continued eligibility to participate in title IV programs, prohibit an individual who defrauds students from being a member of the board of directors or an executive officer of the institution.
Topic: Education — Higher
Subject: Taxation
Date: 2015-09-29 00:00:00

Student Loan Relief Act of 2015

This bill authorizes the Department of the Treasury to establish a temporary three-year program to facilitate federal student loan refinancing into the private market, at no cost to the federal government, to ensure payment of lower interest rates on student loans. Private lenders under such refinancing program shall be eligible to receive a federal government guarantee of 95% of loans.

Treasury shall, in consultation with the Department of Education, begin a national awareness campaign to alert student loan borrowers about such refinancing program with a disclosure that a private loan that results from such refinancing is not eligible for income driven repayment or loan forgivingness.

The bill amends the Internal Revenue Code to allow an exclusion from gross income for the payment of an employer, either to an employee or a lender, of any indebtedness of an employee under a qualified education refinance loan or any interest relating to such a loan. The term "qualified education refinance loan" means any indebtedness used solely to refinance a qualified education loan with respect to which the lender offers the borrower protection in the event of unemployment or financial hardship.
Topic: Education — Higher
Subject: Education
Date: 2015-09-30 00:00:00

Higher Education Innovation Act 

This bill amends the Higher Education Act of 1965 to establish a voluntary, alternative accreditation system for higher education providers.

The Department of Education (ED) must establish a process for approving innovation authorizers to authorize institutions of higher education or other providers that: promote student success outcomes and cost-effectiveness, agree to outcome-based oversight and reporting requirements, meet performance metrics, and comply with other specified requirements.

To apply to be an authorizer, an entity must agree to publicly disclose certain data and submit to ED details regarding its:

 experience and capabilities, financial ability to meet the requirements, authorization process, educational or subject matter focus, membership and relationship with industries and businesses, and conflict of interest controls. An authorizer must use performance metrics relating to student learning, completion, and benefit to the student and affordability. The minimum threshold for each metric must meet or exceed the 60th-percentile student outcome.

Providers authorized using this process are eligible for Pell Grant and other federal funding, subject to specified funding requirements and allocations. An authorizer must agree to pay ED at least 25% of the annual balance of student loans that are in default and held by current or former students of providers that the authorizer approved.

Providers that meet the requirements of both an innovation authorizer and a recognized accrediting agency may hold both the accreditation and authorization or select which entity to use.

The authority for the alternative authorization system expires five years after enactment of this bill.
Topic: Education — Higher
Subject: Armed forces and national security
Date: 2015-10-05 00:00:00

Grow Our Own Directive: Physician Assistant Employment and Education Act of 2015

This bill directs the Department of Veterans Affairs (VA) to carry out the Grow Our Own Directive or G.O.O.D. pilot program to provide educational assistance to certain former members of the Armed Forces for education and training as VA physician assistants.

An individual is eligible to participate in the program if the individual:

 has medical or military health experience gained while serving in the Armed Forces; has received a certificate, associate degree, baccalaureate degree, master's degree, or postbaccalaureate training in a science relating to health care; has participated in the delivery of health care services or related medical services; and does not have a degree of doctor of medicine, doctor of osteopathy, or doctor of dentistry. The VA shall:

 provide educational assistance to program participants for the costs of obtaining a master's degree in physician assistant studies or a similar master's degree, ensure that mentors are available for program participants at each VA facility at which a participant is employed, and seek to partner with specified government programs and with appropriate educational institutions that offer degrees in physician assistant studies. The VA shall:

 establish specified standards to improve the education and and hiring of VA physician assistants, and implement a national plan for the retention and recruitment of VA physician assistants that includes the adoption of competitive pay standards. VA physician assistant pay grades are established.
Topic: Education — Higher
Subject: Education
Date: 2015-10-07 00:00:00

Understanding the True Cost of College Act of 2015 

This bill amends the Higher Education Opportunity Act and the Higher Education Act of 1965 to require institutions of higher education to use a standardized financial aid offer form that meets specified requirements.

The Department of Education (ED) must develop a standard format for financial aid offer forms based on recommendations from representatives of students, students' families, institutions of higher education, secondary school and postsecondary counselors, and nonprofit consumer groups.

The form must include specified details and disclosures regarding:

 the cost of attendance; aid that does not need to be repaid; the net price that a student or family is estimated to pay; work study assistance; types and amounts of loans, including monthly repayment amounts; sources for additional information; deadlines and the process for accepting financial aid; the academic period covered by the aid; default rates; private loans; scholarships; and the terms and conditions of federal financial aid. ED must: (1) test the form with representatives of students, students' families, institutions of higher education, secondary school and postsecondary counselors, and nonprofit consumer groups; and (2) use the results to develop the final form.

Each institution of higher education that receives federal financial assistance under the Higher Education Act of 1965 must use the standard form when offering financial aid to students.
Topic: Education — Higher
Subject: Education
Date: 2015-10-07 00:00:00

Net Price Calculator Improvement Act

This bill amends the Higher Education Act of 1965 to establish the minimum requirements for the net price calculator that an institution of higher education (IHE) receiving federal funds under title IV (Student Assistance) of the Act must include on its website. (An IHE's net price is the average yearly price actually charged to first-time, full-time undergraduate students receiving student aid at the school after deducting such aid.)

 It authorizes the Department of Education to develop a universal net price calculator that enables users to answer one set of questions and receive net prices for any IHE that is required to have a net price calculator.
Topic: Education — Higher
Subject: Education
Date: 2015-10-08 00:00:00

Scholarships for Opportunity and Results Reauthorization Act or the SOAR Reauthorization Act

This bill amends the District of Columbia Code to prohibit the Department of Education from limiting the number of eligible students receiving District of Columbia Opportunity Scholarship Program (OSP) scholarships, and from preventing otherwise eligible students from participating in the OSP because of:

 whether or not the student attended a private school for pre-elementary education in the previous school year; or whether or not the individual previously received a scholarship or participated in OSP, or was a member of the control group used by the Institute of Education Sciences to carry out previous OSP evaluations. An eligible nonprofit organization's application for an OSP grant must include how it will ensure that it utilizes internal fiscal and quality controls.

Priorities for the award of scholarships to eligible students are modified to give priority to students who, in the preceding school year, attended a school identified as low-achieving according to the DC Office of the State Superintendent of Education (OSSE) (currently certain elementary or secondary schools identified for improvements, corrective action, or restructuring).

OSP-participating schools must:

 conduct criminal background checks on school employees who have direct and unsupervised interactions with students, and comply with all requests for data and information regarding certain reporting requirements. Participating private schools must be provisionally or fully accredited or in the process of seeking accreditation.

The Department must make OSP funds available to eligible entities receiving a grant for administrative expenses and parental education and assistance, including streamlining of the application process.

Previously unobligated OSP funds must be used to award new scholarships to students.

The current OSP evaluation procedures under the Scholarships for Opportunity and Results Act (SOAR) are terminated and replaced with those specified in this Act.

The Department may withhold specified OSP funds provided to the DC Mayor for DC public and charter schools for noncompliance with SOAR requirements.

Funds provided under this Act to support DC public charter schools may be directed to the OSSE, which may transfer them to subgrantees that are:

 specific DC public charter schools in good standing or networks of such schools, or DC-based non-profit organizations with experience in successfully providing support or assistance to such schools or networks. The Department and the Mayor shall revise the memorandum of understanding in effect to address the need to ensure that participating schools meet fire code standards and maintain certificates of occupancy.

The OSP is reauthorized through FY2021.
Topic: Education — Higher
Subject: Education
Date: 2015-10-08 00:00:00

Creating Quality Technical Educators Act of 2015

This bill amends title II (Teacher Quality Enhancement) of the Higher Education Act of 1965 to authorize grants under the Teacher Quality Partnership grant program to be used for secondary school career and technical education teacher preparation programs. The grant program provides funds to partnerships of high-need local educational agencies, high-need schools or early education programs, and institutions of higher education (IHEs) to train current and prospective teachers and school leaders.

The bill requires the career and technical education teacher preparation programs to:

 be available to mid-career professionals or recent graduates of an IHE who have expertise in a program area in which there is a career and technical education teacher shortage; allow individuals to obtain initial licensure and the basic skills required for entry into the education profession, with the option of earning a bachelor's or master's degree; and allow teachers who do not have subject matter expertise in a career and technical education field that is in demand in the local or regional economy to receive the technical skills training they need to teach those skills in a classroom setting. It directs the Department of Education to establish performance measures for the career and technical education teacher preparation programs.
Topic: Education — Higher
Subject: Education
Date: 2015-10-08 00:00:00

Affordable College Textbook Act

This bill directs the Department of Education (ED) to make competitive grants to institutions of higher education (IHEs) to support pilot programs that expand the use of open textbooks in order to achieve savings for students.

It requires the full and complete digital content of the educational resources created or adopted using grant funds to be made available free of charge to the public: (1) on an easily accessible and interoperable website; and (2) in a machine readable, digital format that anyone can directly download, edit with attribution, and redistribute.

ED must give special consideration to grant applicants that demonstrate the greatest potential to:

 achieve the highest level of savings for students; expand the use of open textbooks at other IHEs; and produce open textbooks that are of the highest quality, that can be most easily utilized and adapted by faculty members, that correspond to the highest enrollment courses, and that are created or adopted in partnership with entities that will assist in their marketing and distribution. The bill amends the Higher Education Act of 1965 to include any educational material developed to accompany a college textbook as supplemental material that is subject to college textbook information disclosure requirements.