S 5209 117th Congress Senate Education

Student Loan Literacy Act of 2022

Introduced: December 7, 2022 Introduced by: Gillibrand, Kirsten E. Democratic · New York See on congress.gov

Everywhere this bill has been 2 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Dec 7, 2022

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

Dec 7, 2022

Introduced in Senate

Plain-English summary Congressional Research Service

Student Loan Literacy Act of 2022

This bill provides funding for and establishes a grant program for community-based nonprofit student loan consumer assistance programs.

Specifically, the bill directs the Department of Education (ED) to award grants to states for establishing, expanding, or providing support for community-based nonprofit student loan consumer assistance programs. These programs must provide assistance to borrowers of federal student loans, including by educating borrowers about their rights and responsibilities with respect to federal student loans.

ED must (1) make publicly available through its website a list of programs receiving grant funds; and (2) ensure that each holder, servicer, and collector of federal student loans provides at least one federal student loan liaison to communicate with such assistance programs on various issues, including the handling of borrower complaints.

What's happening now December 7, 2022

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

Committees of jurisdiction 1