S 2976
117th Congress
Senate
Education
Student Loan Repayment Freedom Act
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 7, 2021
Introduced in Senate
Oct 7, 2021
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Plain-English summary
Student Loan Repayment Freedom Act
This bill allows 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 the borrower is 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
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Committees of jurisdiction
1
Cosponsors
1