Amends the Higher Education Act of 1965 to repeal certain requirements relating to the guaranteed student loan program, which, as added by the Emergency Unemployment Compensation Act of 1991 (Public Law 102-164), include requiring that student loan applicants over age 21 have: (1) credit reports, for which the lender may charge up to $25; and (2) cosigners if they have an adverse credit history.
Introduced in House
Introduced in House
Referred to the House Committee on Education and Labor.
Referred to the Subcommittee on Postsecondary Education.
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