HR 3448 · 116th Congress · Education
Student Debt Cancellation Act of 2019
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: 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.(2019-06-24)
Plain Language Summary
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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.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (15)
15 Democrats