Repay Act of 2017 This bill amends title IV (Student Assistance) of the Higher Education Act of 1965 to direct the Department of Education to expand the student loan repayment options for new borrowers of William D. Ford Federal Direct Loans to include a simplified income-driven repayment plan.
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Timeline
Introduced in Senate
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Introduced in Senate
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Education
Congressional oversightGovernment lending and loan guaranteesGovernment studies and investigationsHigher educationInterest, dividends, interest ratesStudent aid and college costsWages and earnings
A bill to amend the Higher Education Act of 1965 to establish a simplified income-driven repayment plan, and for other purposes.
USA115th CongressS-1176| Senate
| Updated: 5/18/2017
Repay Act of 2017 This bill amends title IV (Student Assistance) of the Higher Education Act of 1965 to direct the Department of Education to expand the student loan repayment options for new borrowers of William D. Ford Federal Direct Loans to include a simplified income-driven repayment plan.
Congressional oversightGovernment lending and loan guaranteesGovernment studies and investigationsHigher educationInterest, dividends, interest ratesStudent aid and college costsWages and earnings