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HR 8872 117th Congress House Education

LOAN Act

Introduced: September 15, 2022 Introduced by: Wilson, Frederica S. Democratic · Florida See on congress.gov
This bill died when the 117th Congress ended
It never became law before the 117th Congress (2021–2022) 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
Sep 15, 2022
Introduced in House
Sep 15, 2022
Referred to the Committee on Education and Labor, and in addition to the Committee on the Budget, 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.
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 Plain-English summary Congressional Research Service

Lowering Obstacles to Achievement Now Act or the LOAN Act

This bill makes various changes to federal student aid programs, including by providing funding to increase the maximum Pell Grant award for each eligible student and reducing the number of monthly loan payments required for loan forgiveness under the Public Service Loan Forgiveness (PSLF) program.

What's happening now September 15, 2022

Referred to the Committee on Education and Labor, and in addition to the Committee on the Budget, 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.

 Related & companion bills 4
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Lobbying activity 1

Registered lobbyists who named this bill in their disclosure filings. Source: federal Lobbying Disclosure Act filings.

Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 8872: LOAN Act. 117th Congress. Open America. https://openamerica.io/bill/117-HR-8872/
MLA
"H.R. 8872: LOAN Act." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-HR-8872/.
Bluebook (legal)
H.R. 8872, 117th Cong. (2026), https://openamerica.io/bill/117-HR-8872/.
Markdown link
[H.R. 8872: LOAN Act](https://openamerica.io/bill/117-HR-8872/)
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