To amend the Higher Education Act of 1965 to direct the Secretary of Education to carry out a program under which an institution of higher education may elect to cosign Federal student loans made to students attending the institution, and for other purposes.

Referred to the House Committee on Education and Workforce.

2026-05-12

This bill would allow colleges and universities to officially cosign federal student loans for their students, making the schools partly responsible if borrowers fail to repay. By having institutions share the financial risk, the proposal aims to encourage colleges to help students manage debt and potentially improve loan repayment rates. The change would affect both students borrowing money for college and the schools they attend.