A joint resolution 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 CongressSJRES-43Senate
Updated: Nov 15, 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. Senate Committee on Health, Education, Labor, and Pensions discharged, by petition, pursuant to 5 U.S.C. 802(c).

    Senate

  2. Placed on Senate Legislative Calendar under General Orders. Calendar No. 244.

    Senate

  3. Failed of passage in Senate by Yea-Nay Vote. 49 - 50. Record Vote Number: 310.

    Senate

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  4. Motion to proceed to consideration of measure agreed to in Senate by Unanimous Consent. (consideration: CR S5526-5527)

    Senate