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S. Res. 46 117th Congress Senate

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

Introduced: February 8, 2021 Introduced by: Charles E. Schumer Democratic · New York See on congress.gov
Education Cardiovascular and respiratory healthDebt collectionEducation programs fundingEmergency medical services and trauma care
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Government lending and loan guaranteesHigher educationIncome tax exclusionInfectious and parasitic diseasesInterest, dividends, interest ratesPresidents and presidential powers, Vice PresidentsRacial and ethnic relationsStudent aid and college costs
This resolution expired with the 117th Congress
It was not agreed to before the 117th Congress (2021–2022) adjourned, so it is no longer active.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)
Feb 8, 2021
Referred to the Committee on Health, Education, Labor, and Pensions. (text: CR S582-583)
Feb 8, 2021
Introduced in Senate
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 Latest action February 8, 2021

Referred to the Committee on Health, Education, Labor, and Pensions. (text: CR S582-583)

 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.

 Related & companion bills 1
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
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APA
U.S. Congress. (2026). S. Res. 46: A resolution calling on the President of the United States to take executive action to broadly cancel Federal student loan debt.. 117th Congress. Open America. https://openamerica.io/bill/117-SRES-46/
MLA
"S. Res. 46: A resolution calling on the President of the United States to take executive action to broadly cancel Federal student loan debt.." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-SRES-46/.
Bluebook (legal)
S. Res. 46, 117th Cong. (2026), https://openamerica.io/bill/117-SRES-46/.
Markdown link
[S. Res. 46: 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/117-SRES-46/)
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