HR 3448
116th Congress
House
Education
Business records
Education programs funding
Government information and archives
Government lending and loan guarantees
Higher education
Interest, dividends, interest rates
Student aid and college costs
Student Debt Cancellation Act of 2019
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 24, 2019
Referred to the Committee on Education and Labor, and in addition to the Committees on Financial Services, and Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Jun 24, 2019
Introduced in House
Plain-English summary
Student Debt Cancellation Act of 2019
This bill requires the Department of Education to (1) forgive the outstanding balance of interest and principal due on all Federal Family Education Loans, Federal Direct Loans, and Perkins Loans, including parent loans, consolidation loans, and certain grants treated as loans; and (2) purchase and forgive the outstanding balance of interest and principal due on private student loans.
What's happening now
Referred to the Committee on Education and Labor, and in addition to the Committees on Financial Services, and Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Committees of jurisdiction
3