H.R.5294: Student Borrower Protections Act of 2019
Overview
Student Borrower Protections Act (H.R. 5294) would establish a postsecondary education loan borrower bill of rights and require certain creditors to obtain private loan certifications from schools. The bill would also require the Consumer Financial Protection Bureau (CFPB) to issue rules to establish standards for reporting information related to student loans to consumer reporting agencies.