Fair Student Loan Debt Collection Practices Act

United States116th CongressHR-5287House of Representatives
Updated: Dec 19, 2019

Summary

Fair Student Loan Debt Collection Practices Act This bill prohibits a debt collector from collecting on federal student loan debt owed by a borrower earning under a certain income. Specifically, a federal student loan debt collector may not attempt to collect if a borrower would qualify for a zero-dollar payment under an income-driven repayment plan. Additionally, a debt collector may not attempt to collect an amount greater than the payment the borrower would owe under such a plan.

Bill texts

Available versions
Introduced (House)View official text

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Timeline

  1. Committee Consideration and Mark-up Session Held.

    House of Representatives

  2. Committee Consideration and Mark-up Session Held.

    House of Representatives

  3. Ordered to be Reported (Amended) by the Yeas and Nays: 32 - 24.

    House of Representatives

  4. Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law.

    House of Representatives