Student Loan Borrower Relief Act
United States117th CongressHR-7530House of Representatives
Updated: Apr 14, 2022
Summary
Student Loan Borrower Relief Act This bill revises income-driven repayment plans for federal student loans, including by reducing from 25 years to 15 years the maximum repayment period under these plans. Additionally, the bill makes changes to the Public Service Loan Forgiveness program, including by cancelling a portion of a borrower's student loans after every 12 months of eligible public service employment.
Bill texts
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Timeline
Introduced in House
Referred to the House Committee on Education and Labor.
House of Representatives
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