HR 6809 · 118th Congress · Education

Parent PLUS Loan Fairness and Responsibility Act of 2023

Introduced 2023-12-14· Sponsored by Rep. Foster, Bill [D-IL-11]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Education and the Workforce.(2023-12-14)

Plain Language Summary

[AI summary unavailable — showing source text] Parent PLUS Loan Fairness and Responsibility Act of 2023 This bill allows parent borrowers to transfer their parent PLUS loans to their child under certain circumstances. Among other requirements for a transfer, the child must demonstrate the ability to repay the loan, as determined by the Department of Education. Additionally, the bill makes these transferred loans eligible for income-driven repayment plans.…

Summarized by Claude AI · Non-partisan · For informational purposes only