DECIDE Act

This bill would require the Secretary of Education to expand and update the College Scorecard every year with more data on programs that qualify for federal student aid. For each program, it would add median earnings of students 10 years after enrolling, median federal loan debt (including Graduate PLUS and Parent PLUS loans), default rates, and repayment rates. For each college, it would add the cohort default rate, repayment rate, and default and repayment rates for Graduate PLUS and Parent PLUS loans. It defines the repayment rate as the share of graduating borrowers in each repayment status two years after entering repayment.

Full text and official record on Congress.gov

Sponsors

• Jon Husted Republican sponsor
• 1 cosponsors