H.R. 5523 · 117th Congress
Pay Down, Upskill Act of 2021
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Never voted on. It didn't reach a floor vote before the 117th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
LambSponsorNo cosponsors.
This bill establishes the Pay Down or Upskill Education Benefit Program through which the Department of Education (ED) must provide an education benefit of up to $10,000 to each eligible individual. Eligible individual refers to an individual who (1) is at least 18 years old but less than 65 years old, and (2) received a certain recovery rebate in 2021.
What it does: CRS summary · Introduced in House · Oct 8, 2021
Pay Down, Upskill Act of 2021
This bill establishes the Pay Down or Upskill Education Benefit Program through which the Department of Education (ED) must provide an education benefit of up to $10,000 to each eligible individual. Eligible individual refers to an individual who (1) is at least 18 years old but less than 65 years old, and (2) received a certain recovery rebate in 2021.
Specifically, the bill requires ED to provide an education benefit to an eligible individual to (1) repay all or part of the individual's qualifying student loans, or (2) pay all or part of the individual's qualified educational expenses (i.e., tuition and fees for an education or training program that results in a recognized postsecondary credential).
ED must prescribe regulations for returning an education benefit when the individual withdraws or fails to complete enrollment for the individual's education or training program.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Pay Down, Upskill Act of 2021
Latest action (Oct 8, 2021): Referred to the House Committee on Education and Labor.
Policy area: Education · Origin: House · Introduced: Oct 8, 2021
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.