HR 5596 · 113th Congress 2013–2015, ended

Fairness in Student Loan Repayment Act

Introduced Sep 18, 2014 Originated House Sponsor Joe Garcia D-FL

Fact sheet

Latest action · Nov 17, 2014 Referred to the Subcommittee on Higher Education and Workforce Training.

Progress

Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.

  1. IntroducedSep 18, 2014
  2. Passed HouseNot reached
  3. Passed SenateNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

Summary

Fairness in Student Loan Repayment Act - Amends title IV (Student Assistance) of the Higher Education Act of 1965 to require the Secretary of Education to make available to borrowers of Federal Family Education Loans (FFELs) the following loan repayment options and benefits that are made available to borrowers of William D. Ford Federal Direct Loans (DLs):

  • standard repayment plans, graduated repayment plans, extended repayment plans, income contingent repayment plans, income-based repayment plans, or alternative repayment plans that the Secretary deems appropriate;
  • the loan deferments that are made available to certain borrowers who are still in school, unemployed, performing specified military service, or facing an economic hardship;
  • payments of interest on behalf of military personnel;
  • the repayment plan for public service employees; and
  • the non-accrual of interest on the loans of active duty military personnel.

Directs the Secretary to pay to FFEL holders the principal, interest, or special allowance payments needed to apply these options and benefits to FFEL borrowers.

Cosponsors 4

Members who signed on, in the order they did. Signatures ran from Sep 18, 2014 to Sep 19, 2014, with 3 there on the day it was introduced.

SeatCosponsorSigned on
D-FLAlcee L. HastingsOriginalSep 18, 2014
D-NJDonald M. Payne, Jr.OriginalSep 18, 2014
D-FLPatrick MurphyOriginalSep 18, 2014
R-AZMatt SalmonSep 19, 2014

Actions 3

Everything that happened, newest first.

  1. Nov 17, 2014Referred to the Subcommittee on Higher Education and Workforce Training.
  2. Sep 18, 2014Introduced in House
  3. Sep 18, 2014Referred to the House Committee on Education and the Workforce.

Subjects

Assigned by the Library of Congress. Policy area: Education.

Text 1

Each version as it was printed, newest first.

  1. Sep 18, 2014Introduced in House

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Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.