S. 4897 · 117th Congress · Senate

Student Loan Reform Act of 2022

Active· Read twice and referred to the Committee on Finance.
Introduced
Sep 20, 22
Passed Senate
Pending
Passed House
Pending
Sent to President
Pending
Signed into Law
Pending

Executive Summary

Student Loan Reform Act of 2022

This bill makes various changes to the federal student loan system, including by imposing a penalty on institutions of higher education for borrowers who default on student loans and prohibiting new Federal Direct PLUS Loans from being made to student loan borrowers (with an exception for parent borrowers and covered health care students) on or after July 1, 2023. The bill also addresses expressive activities (e.g., peacefully assembling, distributing literature, or carrying signs) on campuses.

Action Timeline

2
  1. SEP 20, 2022IntroReferral

    Introduced in Senate

  2. SEP 20, 2022IntroReferral

    Read twice and referred to the Committee on Finance.

Committees

1

Finance Committee

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Referred: Sep 20, 2022

Active