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SRES 711 116th Congress Senate Education Cardiovascular and respiratory health Debt collection Education programs funding Emergency medical services and trauma care Government lending and loan guarantees Higher education Income tax exclusion Infectious and parasitic diseases Interest, dividends, interest rates Presidents and presidential powers, Vice Presidents Racial and ethnic relations Student aid and college costs

A resolution calling on the President of the United States to take executive action to broadly cancel Federal student loan debt.

Introduced: September 22, 2020 Introduced by: Schumer, Charles E. Democratic · New York See on congress.gov
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This resolution expired with the 116th Congress
It was not agreed to before the 116th Congress (2019–2020) adjourned, so it is no longer active. 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
Agreed to (Senate)
Sep 22, 2020
Referred to the Committee on Health, Education, Labor, and Pensions. (text: CR S5791-5792)
Sep 22, 2020
Introduced in Senate
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 Plain-English summary Congressional Research Service

This resolution calls on the President to take executive action to cancel up to $50,000 in federal student loan debt for borrowers. Further, it encourages the President to (1) ensure that borrowers have no tax liability from the debt cancellation, (2) ensure that the debt cancellation helps close racial wealth gaps, and (3) pause student loan payments and interest accumulation on federal student loans for the duration of the COVID-19 (i.e., coronavirus disease 2019) pandemic.

What's happening now September 22, 2020

Referred to the Committee on Health, Education, Labor, and Pensions. (text: CR S5791-5792)

 Related & companion bills 1
  • HRES 1269 Identical bill Calling on the President of the United States to take Executive action to broadly cancel Federal student loan debt.
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 11
All 11 Democratic 10 Independent 1
D
Schatz, Brian
Hawaii · Sep 23, 2020
 D
Blumenthal, Richard
Connecticut · Sep 22, 2020
 D
Booker, Cory A.
New Jersey · Sep 22, 2020
 D
Duckworth, Tammy
Illinois · Sep 22, 2020
 D
Durbin, Richard J.
Illinois · Sep 22, 2020
 D
Markey, Edward J.
Massachusetts · Sep 22, 2020
 D
Merkley, Jeff
Oregon · Sep 22, 2020
 I
Sanders, Bernard
Vermont · Sep 22, 2020
 D
Van Hollen, Chris
Maryland · Sep 22, 2020
 D
Warren, Elizabeth
Massachusetts · Sep 22, 2020
 D
Wyden, Ron
Oregon · Sep 22, 2020
Cite this page click to expand
APA
U.S. Congress. (2026). S. Res. 711: A resolution calling on the President of the United States to take executive action to broadly cancel Federal student loan debt.. 116th Congress. Open America. https://openamerica.io/bill/116-SRES-711/
MLA
"S. Res. 711: A resolution calling on the President of the United States to take executive action to broadly cancel Federal student loan debt.." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-SRES-711/.
Bluebook (legal)
S. Res. 711, 116th Cong. (2026), https://openamerica.io/bill/116-SRES-711/.
Markdown link
[S. Res. 711: A resolution calling on the President of the United States to take executive action to broadly cancel Federal student loan debt.](https://openamerica.io/bill/116-SRES-711/)
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