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S 4815 118th Congress Senate Education

Student Loan Accountability Act

Introduced: July 25, 2024 See on congress.gov
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This bill died when the 118th Congress ended
It never became law before the 118th Congress (2023–2024) 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
Jul 25, 2024
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Jul 25, 2024
Introduced in Senate
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 Plain-English summary Congressional Research Service

Student Loan Accountability Act

This bill generally prohibits the Departments of Education, Justice, or the Treasury from taking any action to cancel or forgive the outstanding balances, or portion of balances, of covered loans. Covered loans refer to Federal Family Education Loans, Federal Direct Loans, Federal Perkins Loans, and loans under the Health Education Assistance Loan Program.

The prohibition does not apply to targeted federal student loan forgiveness, cancellation, or repayment programs that are in effect by final regulation on May 11, 2022, and carried out under the Higher Education Act of 1965.

What's happening now July 25, 2024

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

 Related & companion bills 1
  • HR 1211 Related bill Student Loan Accountability Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 4
All 4 Republican 4
R
Rounds, Mike
South Dakota · Sep 17, 2024
 R
Cassidy, Bill
Louisiana · Jul 25, 2024
 R
Scott, Tim
South Carolina · Jul 25, 2024
 R
Tillis, Thomas
North Carolina · Jul 25, 2024
Cite this page click to expand
APA
U.S. Congress. (2026). S. 4815: Student Loan Accountability Act. 118th Congress. Open America. https://openamerica.io/bill/118-S-4815/
MLA
"S. 4815: Student Loan Accountability Act." 118th Congress, 2026, Open America, https://openamerica.io/bill/118-S-4815/.
Bluebook (legal)
S. 4815, 118th Cong. (2026), https://openamerica.io/bill/118-S-4815/.
Markdown link
[S. 4815: Student Loan Accountability Act](https://openamerica.io/bill/118-S-4815/)
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