House Expected To Pass Amended Student Loan Sunshine Act

Abstract

Today, the House of Representatives is expected to vote on, and pass, an amended version of the Student Loan Sunshine Act (HR 890) which is virtually identical to a bill (S. 486) introduced on February 1 by Health, Education, Labor, and Pensions Chairman Edward Kennedy (D-MA). The amended version differs slightly from the original bill introduced by Education and Labor Chairman George Miller (D-CA) on Feb. 7 by incorporating Code of Conduct requirements contained in the Financial Aid Accountability & Transparency Act introduced by the Education and Labor Committee’s ranking Republican Howard “Buck” McKeon (R-CA) two weeks ago. A bipartisan agreement between Miller and McKeon on the contents of the bill paved the way for today’s floor consideration.

Originally posted in NASFAA’s Today’s News on 5/9/07.