So it statement seeks so you can somewhat slow down the weight of interest charge toward education loan borrowers

So it statement seeks so you can somewhat slow down the weight of interest charge toward education loan borrowers

Sponsor: Rep. Swalwell [D-CA]
Cosponsors: 2 (2D; 0R)
Introduced:
NASFAA Realization & Analysis: This bill would eliminate and forgive all interest charged on new and existing federal student loans and lower the interest rate to zero, effective .

H.Roentgen.4724/S.2478 – Strengthening Financing Forgiveness to possess Social Servants Operate

Sponsor: Rep. Swalwell [D-CA]
Cosponsors: 9 (9D; 0R)
Sponsor: Sen. Blumenthal [D-CT]
Cosponsors: 4 (4D; 0R)
Introduced:
NASFAA Bottom line & Analysis: This bill seeks to enhance the level of student loan forgiveness for public service professionals, including teachers, policy officers, and public health workers. This bill would base the level of loan forgiveness for these roles based on their years of public service.

H.R.4723 – Fairness within the Forgiveness Work from 2021

Sponsor: Rep. Swalwell [D-CA]
Cosponsors: 0
Introduced:
NASFAA Summary & Analysis: This bill would allow current and former workers at all Energy Department-associated national laboratories to be eligible for public service student loan forgiveness.

H.R.4666 – Public-service Loan Forgiveness Modernization Operate

Sponsor: Rep. Panetta [D-CA]
Cosponsors: 2 (2D; 0R)
Introduced:
NASFAA Summary & Analysis: This bill seeks to simplify and modernize the federal student loan forgiveness program. This bill would establish a comprehensive database of all qualified public service employers that would be easily accessible, streamline communication between those public service employees and the Department of Education, and offer a PSLF certification seal for qualified employers to utilize for recruitment purposes.

H.Roentgen.4600 – Responsible Credit Work away from 2021

Sponsor: Rep. Grothman [R-WI]
Cosponsors: 0
Introduced:
NASFAA Realization & Analysis: This bill seeks to alleviate excessive student loan debt by allowing colleges and universities to provide limits on how much money students can borrow.Continue reading