,,ii #aafth ,,congress #ast ,session ,s4 #babd ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,july #af1 #bjai ,mr4 ,hawley introduced the following bill2 which was read twice and referred to the ,committee on ,health1 ,education1 ,labor1 and ,pensions ,a ,,bill ,to amend the ,higher ,education ,act of #aife to provide for institutional shared responsibility for student loan default4 #a4 ,short title ,this ,act may be cited as the ,skin in the ,game ,act4 #b4 ,institutions of higher education repaying a portion of student loan debts ,section #ded of the ,higher ,education ,act of #aife 7#bj ,u4,s4,c4 #ajhg;d7 is amended by adding at the end the following3 7d7 ,institutions of higher education repaying a portion of student loan debts 7#a7 ,in general ,each institution of higher education participating in the direct student loan program under this part for a fiscal year shall be liable for #ej percent of any student loan balance that is in default for a loan made under this part that was used towards the cost of attendance at the institution4 7#b7 ,no offset ,an institution of higher education shall not increase the costs of tuition at the institution1 charge any additional fee to students1 or otherwise increase the cost of attendance at the institution in order to offset the liability of the institution under paragraph 7#a74 4