Skip to main content
HR 5898 114th Congress House Education Educational guidance Higher education Interest, dividends, interest rates Student aid and college costs

Know Your Repayment Options Act

Introduced: July 14, 2016 See on congress.gov
Sign in to write a letter Sign in to watch
This bill died when the 114th Congress ended
It never became law before the 114th Congress (2015–2016) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 19, 2016
Referred to the Subcommittee on Higher Education and Workforce Training.
Jul 14, 2016
Referred to the House Committee on Education and the Workforce.
Jul 14, 2016
Introduced in House
 Ask about this bill AI · grounded in the bill text

Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.

AI answers can be imperfect; always confirm against the full bill text.

 Plain-English summary Congressional Research Service

Know Your Repayment Options Act

This bill amends the Higher Education Act of 1965 to require the Department of Education (ED) to annually give federal student loan borrowers who have graduated or departed from school detailed information, including monthly amount and lifetime payment amount, for each repayment option available to the borrower. To provide this individualized information to borrowers, ED must establish a process for annual verification of the borrower's annual income and the outstanding balance of principal and interest due on federal loans. Borrowers may opt out of being provided this information.

What's happening now September 19, 2016

Referred to the Subcommittee on Higher Education and Workforce Training.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Cosponsors 7
All 7 Democratic 7
D
Keating, William R.
Massachusetts · Sep 22, 2016
 D
Boyle, Brendan F.
Pennsylvania · Jul 14, 2016
 D
Jeffries, Hakeem S.
New York · Jul 14, 2016
 D
Lieu, Ted
California · Jul 14, 2016
 D
Meng, Grace
New York · Jul 14, 2016
 D
Moulton, Seth
Massachusetts · Jul 14, 2016
 D
Veasey, Marc A.
Texas · Jul 14, 2016
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 5898: Know Your Repayment Options Act. 114th Congress. Open America. https://openamerica.io/bill/114-HR-5898/
MLA
"H.R. 5898: Know Your Repayment Options Act." 114th Congress, 2026, Open America, https://openamerica.io/bill/114-HR-5898/.
Bluebook (legal)
H.R. 5898, 114th Cong. (2026), https://openamerica.io/bill/114-HR-5898/.
Markdown link
[H.R. 5898: Know Your Repayment Options Act](https://openamerica.io/bill/114-HR-5898/)
Report a problem