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SB 628·MD·senate

Institutions of Postsecondary Education – Institutional Debt – Report

In CommitteeFiled Feb 5, 2026
Sponsor: Kramer
Latest Action

In the Senate - Hearing 3/11 at 1:00 p.m.

Mar 11, 2026

Summary

Starting in 2027, every Maryland college or university must submit a detailed report on student debt to the state Higher Education Commission each October. The Commission will then summarize the data for the General Assembly and can fine schools up to $10,000 for missing or false reports. The measure aims to increase transparency about institutional debt and its impact on students.

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