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CS/SB 880: Student Loan Default Rates

GENERAL BILL by Higher Education ; Ring

Student Loan Default Rates; Requiring certain institutions to maintain a federal student loan cohort default rate below a specified percentage; revising the minimum standards the Commission for Independent Education must use to evaluate an institution for licensure to include the institution’s federal student loan cohort default rate; revising the minimum criteria for an independent postsecondary educational institution to apply for a license by accreditation to include a maximum percentage for the institution’s federal student loan cohort default rate, etc.

Effective Date: 7/1/2015
 Last Action: 5/1/2015 Senate - Died in Appropriations
Bill Text: Web Page | PDF
Senate Committee References:
  1. Higher Education (HE)
  2. Appropriations Subcommittee on Education (AED)
  3. Appropriations (AP)

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  • Bill History

    Date Chamber Action
    2/12/2015 Senate • Filed
    2/20/2015 Senate • Referred to Higher Education; Appropriations Subcommittee on Education; Appropriations -SJ 92
    3/3/2015 Senate • Introduced -SJ 92
    3/18/2015 Senate • On Committee agenda-- Higher Education, 03/23/15, 4:00 pm, 412 Knott Building
    3/23/2015 Senate • CS by Higher Education; YEAS 9 NAYS 0 -SJ 259
    3/25/2015 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
    • Now in Appropriations Subcommittee on Education -SJ 259
    3/30/2015 Senate • On Committee agenda-- Appropriations Subcommittee on Education, 04/02/15, 9:00 am, 412 Knott Building
    3/31/2015 Senate • CS by Higher Education read 1st time -SJ 270
    4/2/2015 Senate • Subcommittee Recommendation: Favorable by Appropriations Subcommittee on Education; YEAS 7 NAYS 0 -SJ 344
    • Now in Appropriations -SJ 344
    5/1/2015 Senate • Died in Appropriations

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  • CS/SB 880, Committee Substitute 1 (Current Bill Version) Posted 3/25/2015 at 4:47 PM

    Bill Text:   Web Page | PDF
    Analyses:   Appropriations Subcommittee on Education (Pre-Meeting) 4/1/2015 (pdf)
    Appropriations Subcommittee on Education (Post-Meeting) 4/2/2015 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 837 Student Loan Default Rates Rodriguez Compare Last Action: 4/28/2015 H Died in Higher Education and Workforce Subcommittee
    Location: In committee/council (HEWS)     		Track This Bill

    Committee Votes (1)

    Date Committee Result
    4/2/2015 9:00 AM Appropriations Subcommittee on Education 7 Yeas - 0 Nays

    Citations - Statutes (5)

    Citation Catchline Location in Bill Location In Bill Help
    1005.04 Fair consumer practices. Page 2 (pdf)
    1005.31 Licensure of institutions. Page 4 (pdf)
    1005.32 Licensure by means of accreditation. Page 5 (pdf)
    1011.81 Florida College System Program Fund. Page 5 (pdf)
    1011.905 Performance funding for state universities. Page 6 (pdf)

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  • SB 880, Original Filed Version Posted 2/12/2015 at 12:53 PM

    Bill Text:   Web Page | PDF
    Analyses:   Higher Education (Pre-Meeting) 3/20/2015 (pdf)
    Higher Education (Post-Meeting) 3/25/2015 (pdf)

    Related Bills (3)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 837 Student Loan Default Rates Rodriguez Compare Last Action: 4/28/2015 H Died in Higher Education and Workforce Subcommittee
    Location: In committee/council (HEWS)     		Track This Bill
    H 1031 Postsecondary Education Student Debt Stark Compare Last Action: 4/28/2015 H Died in Higher Education and Workforce Subcommittee
    Location: In committee/council (HEWS)     		Track This Bill
    S 1484 Postsecondary Education Student Debt Sobel Compare Last Action: 5/1/2015 S Died in Higher Education
    Location: In committee/council (HE)     		Track This Bill

    Committee Amendments (2)

    Amendment Sponsor Filed Last Committee Action Format
    412462 - Amendment
    Delete lines 41 - 105 and insert:     		Higher Education
    (Gaetz)     		3/23/2015
    9:27 AM
    (Late Filed)     		Replaced by Committee Substitute
    3/23/2015     		Web Page
    PDF
    889952 - Amendment
    Delete lines 140 - 206.     		Higher Education
    (Gaetz)     		3/23/2015
    12:33 PM
    (Late Filed)     		Replaced by Committee Substitute
    3/23/2015     		Web Page
    PDF

    Committee Votes (1)

    Date Committee Result
    3/23/2015 4:00 PM Higher Education 9 Yeas - 0 Nays

    Citations - Statutes (7)

    Citation Catchline Location in Bill Location In Bill Help
    1005.04 Fair consumer practices. Page 2 (pdf)
    1005.31 Licensure of institutions. Page 4 (pdf)
    1005.32 Licensure by means of accreditation. Page 5 (pdf)
    1009.89 The William L. Boyd, IV, Florida resident access grants. Page 5 (pdf)
    1009.891 The Access to Better Learning and Education Grant Program. Page 6 (pdf)
    1011.81 Florida College System Program Fund. Page 8 (pdf)
    1011.905 Performance funding for state universities. Page 9 (pdf)

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