Code · BILL · 117th Congress · S. 5065 (Introduced in Senate) — To provide for institutional risk-sharing in the Federal student loan programs. · Sec. 2

Sec. 2. Purpose

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The purpose of this Act is to protect student loan borrowers and taxpayers by requiring institutions of higher education to assume some of the costs of default for student loans under part D of title IV of the Higher Education Act of 1965 ( 20 U.S.C. 1087a et seq. ).

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U.S. Code

Program authority
§ 1087a

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Sec. 2

Purpose

U.S.C.§ 1087a

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