,,ii #aagth ,,congress #b;d ,session ,s4 #diab ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,september #ba1 #bjbb,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 require institutions of higher education to repay a portion of student law default1 to make student loan debts dischargeable in bankruptcy1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,make the ,universities ,pay ,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 ,offset exception ,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#a7 unless there is an equivalent percentage decrease in administrative expenses at the institution4 4 #c4 ,making student loan debts dischargeable in bankruptcy 7a7 ,exceptions ,to discharge ,section #ebc7;a7 of title #aa1 ,united ,states ,code1 is amended by striking paragraph 7#h7 and inserting the following3 7#h7 for an educational benefit overpayment or loan made1 insured1 or guaranteed by a governmental unit1 or made under any program funded in whole or in part by a governmental unit or nonprofit institution1 or for an obligation to repay funds received as an educational benefit1 scholarship1 or stipend received from a governmental unit or nonprofit institution1 unless-- 7,a7 excepting such debt from discharge under this paragraph would impose an undue hardship on the debtor and the debtor's dependents2 7,b7 in the case of such an education benefit overpayment or loan for undergraduate education1 the first payment on such debt became due before the #e-year period 7exclusive of any applicable suspension of the repayment period7 ending on the date of the filing of the petition2 or 7,c7 in the case of such an education benefit overpayment or loan for graduate education1 the first payment on such debt became due before the #ae-year period 7exclusive of any applicable suspension of the repayment period7 ending on the date of the filing of the petition2 4 7b7 ,application ,the amendment made by subsection 7a7 shall apply to any proceeding under title #aa1 ,united ,states ,code1 that is initiated on or after the date that is #ahj days after the date of enactment of this ,act4 #d4 ,ensuring transparency of student outcomes ,section #dhg of the ,higher ,education ,act of #aife 7#bj ,u4,s4,c4 #ajid7 is amended-- 7#a7 in subsection 7a71 by adding at the end the following3 7#cj7 ,the institution will1 not later than ,september #cj1 #bjbc1 and annually thereafter1 comply with the following3 7,a7 ,produce and transmit to the ,secretary statistical analysis using the statistical sampling method developed under subsection 7k7 that consists of the following measures of post-collegiate graduate outcomes for the institution as a whole and disaggregated by each degree or program of study offered by the institution at time intervals of #a year1 #e years1 and #ae years after graduation3 7i7 ,mean and median earnings of graduates4 7ii7 ,student loan default rates of graduates4 7,b7 ,publish and make available to the public the statistical analysis produced under subparagraph 7,a7 on the website of the institution1 within #b clicks of the homepage and without a paywall1 email login1 or other restriction to access4 2 and 7#b7 by adding at the end the following3 7k7 ,ensuring transparency of student outcomes 7#a7 ,development of statistical sampling method ,the ,secretary shall-- 7,a7 develop a statistical sampling method to be used by institutions of higher education in fulfilling the requirement described in subsection 7a77#cj72 and 7,b7 establish a searchable database accessible to the public of all analyses transmitted to the ,secretary pursuant to subsection 7a77#cj7 that can be sorted by institution and degree or program of study4 7#b7 ,audit and investigation authority ,the ,inspector ,general of the ,department may audit and investigate the veracity of statistical analysis transmitted to the ,secretary by an institution of higher education4 4