Amendment102nd Congress
An amendment to authorize the Secretary of Education to require eligible holders of notes of borrowers who are considered to be at high risk of default to offer such borrowers one or more alternative repayment options, which may include graduated or extended repayment.
- Amendment Number
- 482
- Description
- An amendment to authorize the Secretary of Education to require eligible holders of notes of borrowers who are considered to be at high risk of default to offer such borrowers one or more alternative repayment options, which may include graduated or extended repayment.
- Purpose
- Amendment authorizes the Secretary of Education to purchase the loans of borrowers likely to go into default and offer those borrowers income contingent or extended or graduated repayment so they can avoid default and repay their obligations as they can afford them.
- Congress
- 102
- Type
- HAMDT
- Latest Action Date
- Mar 26, 1992
- Latest Action Text
- On agreeing to the Petri amendment (A036) Agreed to by voice vote.
- Latest Action Time
- 17:42:49
- Submitted Date
- Mar 26, 1992
- Chamber
- House of Representatives
- Update Date
- Jun 7, 2021