Student Debt Cancellation Act of 2019

United States116th CongressHR-3448House of Representatives
Updated: Jun 24, 2019

Summary

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.

Bill texts

Available versions
Introduced (House)View official text

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Timeline

  1. 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.

    House of Representatives

  2. Introduced in House

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