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Bill would require colleges to report institutional debt totals and demographics to MHEC, proponents tell committee

2335190 · February 18, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

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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