Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Department of Education relating to "Improving Income Driven Repayment for the William D. Ford Federal Direct Loan Program and the Federal Family Education Loan (FFEL) Program".

United States118th CongressHJRES-88House of Representatives
Updated: Dec 11, 2023

Summary

This joint resolution nullifies the final rule submitted by the Department of Education titled Improving Income Driven Repayment for the William D. Ford Federal Direct Loan Program and the Federal Family Education Loan (FFEL) Program and published on July 10, 2023. The rule creates a new income-driven repayment plan called the Saving on a Valuable Education (SAVE) plan.

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Timeline

  1. Considered as unfinished business. (consideration: CR H6724-6725)

    House of Representatives

  2. On passage Passed by the Yeas and Nays: 210 - 189 (Roll no. 705). (text: CR H6720)

    House of Representatives

    View vote
  3. Motion to reconsider laid on the table Agreed to without objection.

    House of Representatives

  4. Received in the Senate. Read twice. Placed on Senate Legislative Calendar under General Orders. Calendar No. 270.

    Senate