HIGHER ED STUDENT LOAN DEBT House SponsorsRep. Nicholas K. Smith and Janet Yang Rohr 1/10/2023HouseSession Sine Die 110 ILCS 205/9.40 new Amends the Board of Higher Education Act. Provides that, in order to prevent nonpublic, for-profit institutions of higher education from enrolling students in programs or degrees for careers in which a student's higher education loan debt will exceed the student's expected income, the Board shall adopt any rules that are necessary to prohibit nonpublic, for-profit institutions of higher education from continuing any program or degree if the estimated annual higher education loan repayment of a typical graduate from such a program or with such a degree exceeds 20% of the graduate's total annual income or 8% of the graduate's total monthly income. 2/19/2021HouseFiled with the Clerk by Rep. Nicholas K. Smith 2/19/2021HouseFirst Reading 2/19/2021HouseReferred to Rules Committee 3/16/2021HouseAssigned to Higher Education Committee 3/17/2021HouseAdded Co-Sponsor Rep. Janet Yang Rohr 3/27/2021HouseRule 19(a) / Re-referred to Rules Committee 1/10/2023HouseSession Sine Die