No Double Debt for Disaster Survivors Act of 2021 This bill directs the Department of Education to discharge the outstanding federal student loan debt for a borrower who received, on or after January 1, 2020, a Small Business Administration (SBA) disaster loan. Further, the bill specifies that the amount of student loan debt discharged may not exceed the amount of the SBA disaster loan.
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Timeline
Introduced in House
Referred to the House Committee on Education and Labor.
Introduced in House
Referred to the House Committee on Education and Labor.
Education
No Double Debt for Disaster Survivors Act of 2021
USA117th CongressHR-6125| House
| Updated: 12/2/2021
No Double Debt for Disaster Survivors Act of 2021 This bill directs the Department of Education to discharge the outstanding federal student loan debt for a borrower who received, on or after January 1, 2020, a Small Business Administration (SBA) disaster loan. Further, the bill specifies that the amount of student loan debt discharged may not exceed the amount of the SBA disaster loan.