Us Congress 2023-2024 Regular Session

Us Congress House Bill HB1211

Introduced
2/27/23  
Refer
2/27/23  

Caption

Student Loan Accountability Act

Companion Bills

US HB1622

Related Student Loan Accountability Act

US SB4815

Related Student Loan Accountability Act

Previously Filed As

US HB1622

Student Loan Accountability Act

US SB4815

Student Loan Accountability Act

US HB509

Debt Cancellation Accountability Act of 2023

US SB1971

Streamlining Accountability and Value in Education for Students Act

US HB2003

Affordable Loans for Students Act

US HB4986

Student Loan Interest Elimination Act

US HB8660

Student Loan Servicers Accountability Act of 2024

US HB1371

Student Loan Disclosure Transparency Act of 2023

US HB1001

Military and Veteran Caregiver Student Loan Relief Act of 2023

US SB72

Debt Cancellation Accountability Act of 2023 This bill prohibits the Department of Education from providing class-based loan forgiveness unless funds have been specifically requested and appropriated for this purpose. Class-based loan forgiveness refers to the cancellation, waiver, assumption, discharge, reduction, or other forgiveness of any obligation due on Federal Family Education Loans, Federal Direct Loans, or Federal Perkins Loans (1) on a class-wide basis and for a class of two or more loan borrowers, and (2) that totals more than $1 million. The prohibition does not apply to targeted loan forgiveness programs explicitly established under the Higher Education Act of 1965 and in effect before January 1, 2022, if the loan forgiveness is granted for a single borrower on a case-by-case basis.

Similar Bills

No similar bills found.