119-s2764

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[S. 2764 Introduced in Senate

    (IS) ]

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119th CONGRESS
 1st Session
 S. 2764

 To require disclosure of the total amount of interest that would be 
 paid over the life of a loan for certain Federal student loans.

_______________________________________________________________________

 IN THE SENATE OF THE UNITED STATES

 September 10, 2025

 Ms. Ernst (for herself, Ms. Klobuchar, Mr. Kaine, Mrs. Moody, Mr. 
Grassley, and Ms. Hassan) introduced the following bill; which was read 
 twice and referred to the Committee on Health, Education, Labor, and 
 Pensions

_______________________________________________________________________

 A BILL

 To require disclosure of the total amount of interest that would be 
 paid over the life of a loan for certain Federal student loans.

 Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

 This Act may be cited as the ``Student Transparency for 
Understanding Decisions in Education Net Terms Act'' or the ``STUDENT 
Act''.

SEC. 2. INTEREST DISCLOSURE.

 

Section 455

    (p) of the Higher Education Act of 1965 (20 U.S.C. 
1087e

    (p) ) is amended--

    (1) by striking ``shall, with respect to loans'' and 
 inserting the following: ``shall--
 ``

    (1) with respect to loans'';

    (2) by striking ``part B.'' and inserting ``part B; and''; 
 and

    (3) by adding at the end the following:
 ``

    (2) include in the disclosure required under 

section 433

    (a) the total amount of interest that would be paid over the 
 life of the loan, using the standard repayment plan applicable 
 based on the total outstanding principal of all loans of the 
 borrower.''.
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