Student loan promotion in England and Wales amounted to mis-selling, MPs say
Student loan promotion in England and Wales amounted to mis-selling, MPs say (theguardian); Phone contract comparisons 'amounted to mis-selling' student loans, MPs say (bbc) (sources: theguardian, bbc)
Student loan promotion in England and Wales amounted to mis-selling, MPs say (theguardian); Phone contract comparisons 'amounted to mis-selling' student loans, MPs say (bbc)
- Student loan promotion in England and Wales amounted to mis-selling, MPs say (theguardian)
- Phone contract comparisons 'amounted to mis-selling' student loans, MPs say (bbc)
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6 bills on this issue are moving right now — and the most active one is HR6502: College Financial Aid Clarity Act of 2025.
HR6502 · 119th Congress
College Financial Aid Clarity Act of 2025
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What HR6502 actually does
This story is about Student loan promotion in England and Wales amounted to mis-selling, MPs say. This bill would require institutions to use a standardized “Financial Aid Offer” with plain-language formatting.
If passed, it would:
- require institutions to use a standardized “Financial Aid Offer” with plain-language formatting • require clearer loan disclosures, including amounts, rates, fees, capitalization information, repayment notice.
5 other bills moving on this issue
Take action on any of them individually.
This story is about Student loan promotion in England and Wales amounted to mis-selling, MPs say. This bill would expand federal college comparison information on cost, aid, debt, repayment, and outcomes.
If passed, it would
- expand federal college comparison information on cost, aid, debt, repayment, and outcomes • make program- and institution-level comparisons more useful before students borrow.
This story is about Student loan promotion in England and Wales amounted to mis-selling, MPs say. This bill would require a uniform, consumer-tested financial aid offer form across institutions.
If passed, it would
- require a uniform, consumer-tested financial aid offer form across institutions • require colleges in federal aid programs to use standard financial-aid terminology in their communications.
This story is about Student loan promotion in England and Wales amounted to mis-selling, MPs say. This bill would add lifetime-interest disclosures to federal student-loan information.
If passed, it would
- add lifetime-interest disclosures to federal student-loan information • make it easier to compare the advertised loan amount with the real long-run repayment cost.
This story is about Student loan promotion in England and Wales amounted to mis-selling, MPs say. This bill would create a secure postsecondary student data system for costs, aid, completion, and outcomes.
If passed, it would
- create a secure postsecondary student data system for costs, aid, completion, and outcomes • give students and families better comparison tools before taking on debt.
This story is about Student loan promotion in England and Wales amounted to mis-selling, MPs say. This bill would replace one-time entrance counseling with pre-loan counseling tied to new borrowing.
If passed, it would
- replace one-time entrance counseling with pre-loan counseling tied to new borrowing • require clearer debt and earnings estimates before students commit.