H.R. 7530 · 117th Congress · House

Student Loan Borrower Relief Act

Active· Referred to the House Committee on Education and Labor.
Introduced
Apr 14, 22
Passed House
Pending
Passed Senate
Pending
Sent to President
Pending
Signed into Law
Pending

Executive Summary

Student Loan Borrower Relief Act

This bill revises income-driven repayment plans for federal student loans, including by reducing from 25 years to 15 years the maximum repayment period under these plans. Additionally, the bill makes changes to the Public Service Loan Forgiveness program, including by cancelling a portion of a borrower's student loans after every 12 months of eligible public service employment.

Action Timeline

3
  1. APR 14, 2022IntroReferral

    Introduced in House

  2. APR 14, 2022IntroReferral

    Introduced in House

  3. APR 14, 2022IntroReferral

    Referred to the House Committee on Education and Labor.

Committees

1

Education and Workforce Committee

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Referred: Apr 14, 2022

Active