,i  #aae? ,,congress  #b;d ,session  ,h4
 ,r4 #ebgg  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,m>* #ad1 #bjah,mrs4  
,beatty 7= h]self & ,mr4 ,/iv]s7        
introduc$ ! foll[+ bill2 :i* 0 ref]r$ to
 ! ,committee on ,f9ancial ,s]vices1 & 9
 addition to ! ,committee on ,education 
& ! ,work=ce1 = a p]iod to be           
subsequ5tly det]m9$ by ! ,speak]1 9 ea* 
case = consid]ation ( su* provisions z  
fall )9 ! jurisdiction ( ! committee    
conc]n$  ,a ,,bill  ,to require !       
,f9ancial ,lit]acy & ,education         
,commission to e/abli% & publi% be/     
practices = tea*+ f9ancial lit]acy =    
in/itutions ( high] education1 & = o!r  
purposes4  #a4 ,%ort title ,?is ,act may
 be cit$ z ! ,f9ancial ,lit]acy ,college
 ,education ,act4  #b4 ,be/ practices = 
tea*+ f9ancial lit]acy ,section #ead ( !
 ,f9ancial ,lit]acy & ,education        
,improvem5t ,act 7#bj ,u4,s4,c4 #igjc7  
is am5d$ by add+ at ! end ! foll[+3  7j7
 ,be/ practices = tea*+ f9ancial lit]acy
  7#a7 ,9 g5]al ,aft] solicit+ public   

comm5ts & consult+ ) & receiv+ input f  
relevant p>ties1 includ+ a div]se set ( 
in/itutions ( high] education & o!r     
int]e/$ /akehold]s1 includ+ /ud5ts1     
p>5ts1 & consum] advocacy gr\ps1 !      
,commission %all1 by n lat] ?an #a ye>  
aft] ! date ( enactm5t ( ?is subsection1
 e/abli% be/ practices = in/itutions (  
high] education reg>d+ me?ods to--  7,a7
 tea* f9ancial lit]acy skills2 &  7,b7  
provide useful & necess>y in=mation to  
assi/ /ud5ts at in/itutions ( high]     
education :5 mak+ f9ancial decisions    
relat$ to /ud5t borr[+4  7#b7 ,be/      
practices ,! be/ practices describ$ 9   
p>agraph 7#a7 %all include ! foll[+3    
7,a7 ,me?ods to ensure t ea* /ud5t has a
 cle> s5se ( ! /ud5t's total borr[+     
obligations1 includ+ mon?ly paym5ts1 &  
repaym5t options4  7,b7 ,! mo/ effective
 ways to engage /ud5ts 9 f9ancial       
lit]acy education1 includ+ frequ5cy &   
tim+ ( communication ) /ud5ts4  7,c7    
,in=mation on h[ to t>get diff]5t /ud5t 
populations1 includ+ "p-"t /ud5ts1      

fir/-"t /ud5ts1 & o!r nontraditional    
/ud5ts4  7,d7 ,ways to cle>ly           
communicate ! importance ( graduat+ on a
 /ud5t's ability to repay /ud5t loans4  
7#c7 ,ma9t5ance ( be/ practices ,!      
,commission %all ma9ta9 & p]iodically   
update ! be/ practices in=mation requir$
 "u ?is subsection at lea/ e #b ye>s &  
make ! be/ practices available to !     
public4  7#d7 ,rule ( con/ruction ,no?+ 
9 ?is subsection %all be con/ru$ to     
require an in/itution ( high] education 
to adopt ! be/ practices requir$ "u ?is 
subsection4  4