---
title: "Lowering Education Costs and Debt Act"
identifier: "118-S-1972"
congress: 118
bill_number: 1972
bill_type: "S"
version_code: "is"
version_type: "Introduced in Senate"
bill_url: "https://chamberzero.com/congresses/118/bills/s/1972"
source: "https://www.congress.gov/bill/118th-congress/senate-bill/1972"
site: "Chamber Zero"
site_url: "https://chamberzero.com"
rendered_at: "2026-06-03T23:36:29.416Z"
---
## SEC. 1 Short title.

[Read Section 1 →](/congresses/118/bills/s/1972/sections/1-section-one.md)

## SEC. 2 Table of contents.

[Read Section 2 →](/congresses/118/bills/s/1972/sections/2.md)

# TITLE I — College Transparency

## SEC. 101 Postsecondary student data system.

[Read Section 101 →](/congresses/118/bills/s/1972/sections/TI-101.md)

## SEC. 102 Repeal of prohibition on student data system.

[Read Section 102 →](/congresses/118/bills/s/1972/sections/TI-102.md)

## SEC. 103 Institutional requirements.

[Read Section 103 →](/congresses/118/bills/s/1972/sections/TI-103.md)

## SEC. 104 Transition provisions.

[Read Section 104 →](/congresses/118/bills/s/1972/sections/TI-104.md)

# TITLE II — Understanding the true cost of college

## SEC. 201 Institution Financial Aid Offer Form.

[Read Section 201 →](/congresses/118/bills/s/1972/sections/TII-201.md)

## SEC. 202 Mandatory form.

[Read Section 202 →](/congresses/118/bills/s/1972/sections/TII-202.md)

# TITLE III — Informed student borrowing

## SEC. 301 Counseling and financial aid disclosures.

[Read Section 301 →](/congresses/118/bills/s/1972/sections/TIII-301.md)

## SEC. 302 Annual requirement to manually enter loan amount.

[Read Section 302 →](/congresses/118/bills/s/1972/sections/TIII-302.md)

## SEC. 303 Work study.

[Read Section 303 →](/congresses/118/bills/s/1972/sections/TIII-303.md)

# TITLE IV — Streamlining Accountability and Value in Education for Students

## SEC. 401 Loan repayment simplification and income-driven repayment reform.

[Read Section 401 →](/congresses/118/bills/s/1972/sections/TIV-401.md)

## SEC. 402 Taxpayer and consumer protection on student loans.

[Read Section 402 →](/congresses/118/bills/s/1972/sections/TIV-402.md)

## SEC. 403 Phase out of income-based repayment.

[Read Section 403 →](/congresses/118/bills/s/1972/sections/TIV-403.md)

# TITLE V — Graduate opportunity and affordable loans

## SEC. 501 Loan limits.

[Read Section 501 →](/congresses/118/bills/s/1972/sections/TV-501.md)