HR 7530
117th Congress
House
Education
Student Loan Borrower Relief Act
Introduced: April 14, 2022
Introduced by:
Wilson, Frederica S.
Democratic
· Florida
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, 2022
Referred to the House Committee on Education and Labor.
Apr 14, 2022
Introduced in House
Plain-English summary
Student Loan Borrower Relief Act
This bill revises income-driven repayment plans for federal student loans, including by reducing from 25 years to 15 years the maximum repayment period under these plans. Additionally, the bill makes changes to the Public Service Loan Forgiveness program, including by cancelling a portion of a borrower's student loans after every 12 months of eligible public service employment.
What's happening now
Referred to the House Committee on Education and Labor.
Committees of jurisdiction
1