Bills · S 4114
IN COMMITTEE· 119TH CONGRESS
Senate BillS 4114Education
Student Protection and Success Act
INTRO MAR 17· LAST ACTION MAR 17
READING
15MIN
COSPONSORS
1
READER REACTIONS0 TOTAL
NO VOTES YET · BE THE FIRST
- Introduced only
LEGISLATIVE PROGRESS
STEP 2 / 8Introduced
In Committee
Reported
Passed Senate
Passed House
Conference
To President
Became Law
WHAT THE BILL DOES
AI-writtenThis bill matters because it seeks to increase accountability for colleges and universities regarding the financial success of their students. If passed, it would create a financial incentive for institutions to offer quality programs that lead to jobs allowing graduates to repay their loans. This could help protect students from accumulating debt for degrees that don't improve their financial outlook, potentially reducing the overall burden of student loan debt and taxpayer costs from defaults.
However, it could also impact access to higher education, especially for students from disadvantaged backgrounds who may attend institutions more likely to fall below the repayment threshold. If this bill becomes law, colleges would face stricter financial consequences for low student repayment, potentially leading to fewer institutions or a shift in how they recruit and support students. If it doesn't pass, the current system of accountability, primarily based on student loan default rates, would remain.
KEY PROVISIONS
4AI-extractedPROVISION 01
Beginning in fiscal year 2028, institutions with a cohort repayment rate of 15% or less will become ineligible for federal student aid programs for three years.
This provision establishes a direct financial consequence for colleges if their students are not making progress on loan repayments, aiming to increase accountability.
PROVISION 02
The bill defines 'cohort repayment rate' as the percentage of borrowers who are not in default and have reduced their principal loan balance by at least one dollar within two years of entering repayment.
This sets the specific metric colleges must meet to maintain eligibility and determines which student outcomes are prioritized in the accountability system.
PROVISION 03
Institutions can appeal the loss of eligibility; if they continue to participate during an appeal and lose, they must repay all federal loans made to their students during that period.
This provision provides a recourse for institutions but also introduces a significant financial risk if their appeal is unsuccessful.
PROVISION 04
The Secretary of Education must notify institutions at risk of losing eligibility (those below the 15% threshold) before fiscal year 2028.
This ensures colleges have advance warning and time to address their repayment rates before the eligibility rules take full effect.
SPONSORSHIP
1 + 1
D· New Hampshire
YRS IN OFFICE
17
BILLS LED
99
COSPONSOR BREAKDOWNBIPARTISAN · 0%
DEM 0 REP 1 IND 0
ACTION TIMELINE
2 EVENTSMAR 17
Introduced in Senate
MAR 17
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
BILL INFO
TypeSenate Bill
NumberS 4114
Congress119th
StatusIn Committee
IntroducedMar 17, 2026
Last actionMar 17, 2026
READER REACTIONS
OVERALL SENTIMENT
No reactions yet. Be the first to weigh in.
Discussion
Loading comments...
IN COMMITTEE· 119TH CONGRESS · HEALTH, EDUCATION, LABOR, AND PENSIONS COMMITTEE · INTRODUCED MAR 17, 2026
Senate BillS 4114Education
Student Protection and Success Act
INTRODUCED MAR 17, 2026· LAST ACTION MAR 17, 2026
PASSAGE CHANCES
—%
READING
15 min
COSPONSORS
1
COMPLEXITY
Moderate
