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S 3055 116th Congress Senate Education Government lending and loan guarantees Higher education Student aid and college costs Wages and earnings

Student Loan Repayment Freedom Act

Introduced: December 16, 2019 Introduced by: Murkowski, Lisa Republican · Alaska See on congress.gov
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This bill died when the 116th Congress ended
It never became law before the 116th Congress (2019–2020) 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 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 16, 2019
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Dec 16, 2019
Introduced in Senate
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 Plain-English summary Congressional Research Service

Student Loan Repayment Freedom Act

This bill authorizes a federal student loan borrower to terminate repayment under an income-based repayment plan and instead elect to repay such loan under any other repayment plan for which they are eligible.

Currently, a federal student loan borrower repaying under an income-based repayment plan may only change to the standard repayment plan.

What's happening now December 16, 2019

Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 2
All 2 Democratic 1 Republican 1
R
Lankford, James
Oklahoma · Dec 19, 2019
 D
Reed, Jack
Rhode Island · Dec 16, 2019
Cite this page click to expand
APA
U.S. Congress. (2026). S. 3055: Student Loan Repayment Freedom Act. 116th Congress. Open America. https://openamerica.io/bill/116-S-3055/
MLA
"S. 3055: Student Loan Repayment Freedom Act." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-S-3055/.
Bluebook (legal)
S. 3055, 116th Cong. (2026), https://openamerica.io/bill/116-S-3055/.
Markdown link
[S. 3055: Student Loan Repayment Freedom Act](https://openamerica.io/bill/116-S-3055/)
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