Student Loan Accountability Act

United States117th CongressHR-8076House of Representatives
Updated: Jun 15, 2022

Summary

Student Loan Accountability Act This bill generally prohibits the Departments of Education, Justice, or the Treasury from taking any action to cancel or forgive the outstanding balances, or portion of balances, of covered loans. Covered loans refer to Federal Family Education Loans, Federal Direct Loans, Federal Perkins Loans, and loans under the Health Education Assistance Loan Program. The prohibition does not apply to targeted federal student loan forgiveness, cancellation, or repayment programs that are in effect by final regulation on March 12, 2020, and carried out under the Higher Education Act of 1965.

Bill texts

Available versions
Introduced (House)View official text

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Timeline

Latest companion bill action

S-4253: Student Loan Accountability Act

Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

  1. Introduced in House

  2. Referred to the Committee on Education and Labor, and in addition to the Committee on Energy and Commerce, 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

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