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H.R. 2677

To require the Secretary of Education to verify that individuals have made a commitment to serve in the Armed Forces or in public service, or otherwise are a borrower on an eligible loan which has been submitted to a guaranty agency for default aversion or is already in default, before such individuals obtain a consolidation loan.

This bill amends the Higher Education Act of 1965, with respect to eligibility for consolidation loans, to require verification of a borrower's status by the Department of Education in the following cases:

  • for obtaining income-contingent or -based repayment, and only if the loan has been submitted to the guaranty agency for default aversion or where the loan is already in default;
  • for the purposes of using the public service loan forgiveness program; or
  • for the purpose of using the no accrual of interest benefit for active duty service members.

Referred to the Subcommittee on Higher Education and Workforce Training.

Rep. Salmon, Matt [R-AZ-5](R-AZ)Sponsor
7 cosponsors4 D3 R
7cosponsors1committees4actions6subjects
  1. Committee

    Referred to the Subcommittee on Higher Education and Workforce Training.

    Higher Education and Workforce Development Subcomittee
  2. IntroReferralH11100

    Referred to the House Committee on Education and the Workforce.

    Education and the Workforce Committee
  3. IntroReferralIntro-H

    Introduced in House

  4. IntroReferral1000

    Introduced in House

To require the Secretary of Education to verify that individuals have made a commitment to… — Informed