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H.R. 7530

Student Loan Borrower Relief Act

Student Loan Borrower Relief Act

This bill revises income-driven repayment plans for federal student loans, including by reducing from 25 years to 15 years the maximum repayment period under these plans. Additionally, the bill makes changes to the Public Service Loan Forgiveness program, including by cancelling a portion of a borrower's student loans after every 12 months of eligible public service employment.

Referred to the House Committee on Education and Labor.

Rep. Wilson, Frederica S. [D-FL-24](D-FL)Sponsor
21 cosponsors21 D
21cosponsors1committees3actions
  1. IntroReferralH11100

    Referred to the House Committee on Education and Labor.

    Education and the Workforce Committee
  2. IntroReferralIntro-H

    Introduced in House

  3. IntroReferral1000

    Introduced in House

Student Loan Borrower Relief Act — Informed