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H.R. 3448 · 116th Congress

Student Debt Cancellation Act of 2019

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Never voted on. It didn't reach a floor vote before the 116th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

IOD OmarSponsor
15 cosponsors · 15 D

This bill requires the Department of Education to (1) forgive the outstanding balance of interest and principal due on all Federal Family Education Loans, Federal Direct Loans, and Perkins Loans, including parent loans, consolidation loans, and certain grants treated as loans; and (2) purchase and forgive the outstanding balance of interest and principal…

What it does: CRS summary · Introduced in House · Jun 24, 2019

Student Debt Cancellation Act of 2019

This bill requires the Department of Education to (1) forgive the outstanding balance of interest and principal due on all Federal Family Education Loans, Federal Direct Loans, and Perkins Loans, including parent loans, consolidation loans, and certain grants treated as loans; and (2) purchase and forgive the outstanding balance of interest and principal due on private student loans.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: Student Debt Cancellation Act of 2019

Latest action (Jun 24, 2019): Referred to the Committee on Education and Labor, and in addition to the Committees on Financial Services, and Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Policy area: Education · Origin: House · Introduced: Jun 24, 2019

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.