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Bill would require colleges to report institutional debt totals and demographics to MHEC, proponents tell committee
Summary
Supporters asked the House Appropriations Committee to require Maryland higher-education institutions to report annual totals and borrower demographics for institutional debtthat students owe directly to schools, arguing transparency is necessary to detect disparities and inform policy.
The House Appropriations Committee heard testimony on House Bill 920, which would require Maryland public and private institutions of higher education to report annually to the Maryland Higher Education Commission (MHEC) the total dollar amount of institutional debt held by students, demographic breakdowns and the types of institutional charges that generate debt.
Sponsor Ryan Spiegel said the landscape of…
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