Oregon Senate Bill 438 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on July 7 2017 - 100% progression
Action: 2017-07-07 - In committee upon adjournment.
Text: Latest bill text (Introduced) [PDF]

Requires entity that provides educational loans to annually provide institution of higher education with fact sheet for each enrolled student receiving loan from entity that details estimates of educational loans student received, total amount of educational loans student will owe at graduation, amount student will have to pay each month to service loans, number of monthly payments needed to service loans and date on which educational loans will be serviced in full. Requires institution to provide student with copy of fact sheet on annual basis during student orientation.

Relating to transparency of student loans.

Sen. Ted Ferrioli [R]

Date	Chamber	Action
2017-07-07	Senate	In committee upon adjournment.
2017-02-23	Senate	Public Hearing held.
2017-01-17	Senate	Referred to Education.
2017-01-09	Senate	Introduction and first reading. Referred to President's desk.

Type	Source
Summary	https://olis.oregonlegislature.gov/liz/2017R1/Measures/Overview/SB438
Text	https://olis.oregonlegislature.gov/liz/2017R1/Downloads/MeasureDocument/SB438/Introduced