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COVID-19 Graduate Relief Act

Introduced: April 14, 2020 Introduced by: Harder, Josh Democratic · California See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 14, 2020
Referred to the House Committee on Education and Labor.
Apr 14, 2020
Introduced in House
 Plain-English summary Congressional Research Service

COVID-19 Graduate Relief Act

This bill allows students who graduate from institutions of higher education in 2020 to defer payments on their federal student loans for up to three years.

The Department of Education (ED) may extend deferment eligibility to students who graduate in 2021 and 2022, if ED determines that the anticipated economic impact of the coronavirus (i.e., the virus that causes COVID-19 or another coronavirus with pandemic potential) on these graduates necessitates an extension. ED must consider certain factors, such as recent unemployment statistics from the Bureau of Labor Statistics, when determining whether to extend deferment eligibility to these graduates.

What's happening now April 14, 2020

Referred to the House Committee on Education and Labor.

 Committees of jurisdiction 1