,i  #aacth ,,congress  #b;d ,session    
,h4 ,r4 #eaea  ,,in ,,the ,,house ,,of  
,,representatives  ,july #ag1 #bjad ,mr4
 ,murphy of ,florida 7for himself and   
,mr4 ,schock7 introduced the following  
bill2 which was referred to the         
,committee on ,education and the        
,workforce  ,a ,,bill  ,to amend the    
,higher ,education ,act of #aife to     
require certain information be included 
in loan disclosure statements prior to  
disbursement1 and for other purposes4   
#a4 ,short title ,this ,act may be cited
 as the ,student ,loan ,transparency for
 ,success ,act4  #b4 ,information       
required in loan disclosure statements  
,section #dee7p7 of the ,higher         
,education ,act of #aife 7#bj ,u4,s4,c4 
#ajhg;e7p77 is amended by striking shall
 prescribe1 and all that follows and    
inserting the following3  shall         
prescribe-- 7#a7 comply with each of the
 requirements under section #dcc that   
apply to a lender with respect to a loan
 under part ,b2 and  7#b7 include in the

 disclosure for a loan required under   
subsection 7a7 of section #dcc--  7,a7  
the total aggregate amount borrowed by  
the borrower under loans under this     
part2  7,b7 the estimated number of     
payments and total amount to be paid by 
the borrower to repay such loan based on
 a standard repayment plan2 and  7,c7   
based on the most recent data available 
from the ,american ,community ,survey   
available from the ,department of       
,commerce1 the estimated average income 
and percentage of employment in the     
,state of domicile of the borrower for  
persons with--  7i7 a high school       
diploma or equivalent2  7ii7 some       
post-secondary education without        
completion of a degree or certificate2  
7iii7 a bachelor's degree2 and  7iv7 a  
post-baccalaureate degree4  4