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H.R. 3096 – Strengthening Loan Forgiveness for Public Servants Act
H.R. 3095 – Understand Your Repayment Alternatives Act
Sponsor: Rep. Swalwell, Eric D-CA
Cosponsors: 5 (0 R; 5 D)
NASFAA review & Coverage: This bill would need that all pupil debtor get an individualized payment guide.
S. 1696 – Student Loan Tax Elimination Act
Sponsor: Sen. Braun, Mike R-IN
Cosponsors: 5 (2 R; 3 D)
NASFAA review & Coverage: This bill would expel origination costs on student education loans.
S. 1175 – PSLF Technical Corrections Act of 2019
Sponsor: Sen. Whitehouse, Sheldon (D-RI)
Cosponsors: 1 (0 R; 1 D)
NASFAA research & Coverage: The balance seeks to increase PSLF eligibility to borrowers who’ve currently spent as much as ten years toward making 120 on-time repayments but was unaware that the payment plan for which they enrolled had not been sanctioned for forgiveness.
S. 1163 – Veterinary Medicine Loan Repayment Program Enhancement Act
Sponsor: Sen. Crapo, Mike (R-ID)
Cosponsors: 10 (3 R; 6 D; 1 I)
NASFAA review & Coverage: This bill would exempt Veterinary Medicine Loan Repayment system (VMLRP) awards from withholding taxes.
H.R. 2186 – Education Loan Refinancing Act
Sponsor: Rep. Pocan (D-WI)
Cosponsors: 30 (0 R; 29 D)
NASFAA review & Coverage: The scholar Loan Refinancing Act allows any debtor of Federal Direct Loans including Subsidized, Unsubsidized and PLUS loans, to refinance their federal loan rate of interest to regardless of the current honor 12 months interest rate. Continue reading H.R. 3096 – Strengthening Loan Forgiveness for Public Servants Act