The law › Title 20, Education › Chapter 28

20 U.S.C. 1080: Default of student under Federal loan insurance program

Created in 1986 by Public Law 89-329. Changed by 2 later laws. No bill we track in this Congress changes it.

5 other sections of the Code cite this one, including 20 U.S.C. 1075, 20 U.S.C. 1079, 20 U.S.C. 1080a, 20 U.S.C. 1082, 20 U.S.C. 1092b.

How it got hereLaws that created or changed it, newest first

1998Higher Education Amendments of 1998

1992Pub. L. 102-325

1986Pub. L. 89-329added it

20 U.S.C. 1080Default of student under Federal loan insurance program

(a)Notice to Secretary and payment of loss

(b)Effect of payment of loss

(c)Forbearance not precluded

(d)Care and diligence required of holders

(e)Default rate of lenders, holders, and guaranty agencies

This CongressBills that change it or would

None we track

past change
enacted this Congress
proposed

This Congress

No bill we track in the 119th Congress changes this section.

How it got here

1998

Pub. L. 105–244 inserted "the institution was contacted and other" after "submit proof that" in third sentence. (Higher Education Amendments of 1998) Law text · (a)

1992

Pub. L. 102–325 added subsec. (e). · (e)

Text, outline and history from the official U.S. Code (2024 edition) on GovInfo, published by the Office of the Law Revision Counsel. Changes made after that edition appear under This Congress.