Student Loan Repayment Freedom Act
Latest action · Dec 16, 2019 Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
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.
- IntroducedDec 16, 2019
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Student Loan Repayment Freedom Act
This bill authorizes a federal student loan borrower to terminate repayment under an income-based repayment plan and instead elect to repay such loan under any other repayment plan for which they are eligible.
Currently, a federal student loan borrower repaying under an income-based repayment plan may only change to the standard repayment plan.
Cosponsors 3
Members who signed on, in the order they did. Signatures ran from Dec 16, 2019 to Feb 11, 2020, with 1 there on the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-RI | Jack Reed | Original | Dec 16, 2019 |
| R-OK | James Lankford | Dec 19, 2019 | |
| R-IN | Mike Braun | Feb 11, 2020 |
Actions 2
Everything that happened, newest first.
- Dec 16, 2019Introduced in Senate
- Dec 16, 2019Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Subjects
Assigned by the Library of Congress. Policy area: Education.
Text 1
Each version as it was printed, newest first.
- Dec 16, 2019Introduced in Senate
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.