Referred to the Committee on Education and Workforce, and in addition to the Committees on Financial Services, and Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Summary
The Students and Young Consumers Empowerment Act adds an Assistant Director and Student Loan Borrower Advocate to the CFPB, who will handle complaints about private and federal student loans and work with the Department of Education. It also establishes an Office for Students and Young Consumers to educate and protect students and their families. The bill aims to improve transparency and oversight of the student‑loan market.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
Topics
Track this bill
Get real-time alerts when HR 7671 changes status, plus AI-powered summaries and stage predictions.
Sign up free