H.R. 3095 – Understand Your Repayment Alternatives Act
Sponsor: Rep. Swalwell, Eric D-CA
Cosponsors: 5 (0 R; 5 D)
NASFAA review & Coverage: This bill would need that every student debtor get an individualized payment guide.
S. 1696 – Student Loan Tax Elimination Act
Sponsor: Sen. Braun, Mike R-IN
Cosponsors: 5 (2 R; 3 D)
NASFAA research & Coverage: This bill would eradicate origination costs on student education loans.
S. 1175 – PSLF Technical Corrections Act of 2019
Sponsor: Sen. Whitehouse, Sheldon (D-RI)
Cosponsors: 1 (0 R; 1 D)
NASFAA research & Coverage: The balance seeks to increase PSLF eligibility to borrowers that have currently spent as much as ten years toward making 120 payments that are on-time might have been unaware that the re payment plan for which they enrolled wasn’t sanctioned for forgiveness. Read More