H.R. 713: Preventing Financial Exploitation in Higher Education Act

H.R. 713 is a federal bill in the 119th Congress. This bill introduces new financial consequences for universities with large endowments. Currently, there are no direct federal penalties tied to student loan repayment struggles for universities. After this bill, universities with endowments of $2.5… See its sponsors, how members voted, and a plain-English breakdown on PolityLens.