Ways and Means Committee, Financial Services Committee, Education and Workforce Committee
Introduced
In Committee
On Floor
Passed Chamber
Enacted
Student Debt Cancellation Act of 2019 This bill requires the Department of Education to (1) forgive the outstanding balance of interest and principal due on all Federal Family Education Loans, Federal Direct Loans, and Perkins Loans, including parent loans, consolidation loans, and certain grants treated as loans; and (2) purchase and forgive the outstanding balance of interest and principal due on private student loans.
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Timeline
Introduced in House
Referred to the Committee on Education and Labor, and in addition to the Committees on Financial Services, and Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Introduced in House
Referred to the Committee on Education and Labor, and in addition to the Committees on Financial Services, and Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Business recordsEducation programs fundingGovernment information and archivesGovernment lending and loan guaranteesHigher educationInterest, dividends, interest ratesStudent aid and college costs
Student Debt Cancellation Act of 2019
USA116th CongressHR-3448| House
| Updated: 6/24/2019
Student Debt Cancellation Act of 2019 This bill requires the Department of Education to (1) forgive the outstanding balance of interest and principal due on all Federal Family Education Loans, Federal Direct Loans, and Perkins Loans, including parent loans, consolidation loans, and certain grants treated as loans; and (2) purchase and forgive the outstanding balance of interest and principal due on private student loans.
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred to the Committee on Education and Labor, and in addition to the Committees on Financial Services, and Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Introduced in House
Referred to the Committee on Education and Labor, and in addition to the Committees on Financial Services, and Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Business recordsEducation programs fundingGovernment information and archivesGovernment lending and loan guaranteesHigher educationInterest, dividends, interest ratesStudent aid and college costs