H.R. 4627 – Pupil Borrower Advocate Act

Sponsor: Rep. Scanlon D-PA
Cosponsors: 1 (1D; 0R)
Introduced: 10/08/2019
NASFAA Overview & research: This bill would mandate the creation of a “borrower advocate” at the office regarding the PBO whoever function is always to offer prompt help federal loan borrowers by answering and reviewing their complaints about federal loans, trying to resolve any complaints when you look at the most useful interest of this borrowers, and reporting complaints to a situation or accrediting agency if relevant. The debtor advocate will be in charge of posting a report that is annual ED that could summarize the complaints gotten from borrowers, such as the amount of complaints made.

H.R. 4607 – Not en titled at the time of 11/13

Sponsor: Rep. Harder D-CA
Cosponsors: 4 (2D; 2R)
Introduced: 10/04/2019
NASFAA Summary & review: This bill will allow borrowers who possess full-time jobs as medical care professionals and supply their solutions at a nonprofit, or general public medical center or other nonprofit or public medical care center to qualify for Public provider Loan Forgiveness.

H.R. 4596 – Education Loan Advocacy Act

Sponsor: Rep. Omar D-MN
Cosponsors: 1 (1D; 0R)
Introduced: 10/01/2019
NASFAA Overview & research: This bill would upgrade the purpose of the PBO to add prioritization to students and borrowers in decision-making procedures, making federal aid programs more effortlessly understandable to pupils and parents, handling costs, increasing effectiveness, increasing accountability of officials who administer functional components of federal programs, and increasing oversight of schools. The secretary of education would be responsible for implementing accountability and oversight measures to make sure the newly-defined purpose is accomplished to ensure these improvements take place. This bill would additionally mandate the creation of a “borrower advocate” at work regarding the PBO whoever function is to offer prompt assist with federal loan borrowers by giving an answer to and reviewing their complaints about federal loans, attempting to resolve any complaints into the interest that is best regarding the borrowers, and reporting complaints to a situation or accrediting agency if relevant. The debtor advocate could be in charge of posting a report that is annual ED that will summarize the complaints gotten from borrowers, including the amount of complaints made.

H.R. 4590 – End Capitalization for Struggling Borrowers Act

Sponsor: Rep. Davis D-IL
Cosponsors: 2 (2D; 0R)
Introduced: 10/01/2019
NASFAA Overview & research: This bill would eradicate education loan interest capitalization after forbearance and during specific durations of deferment.

H.R. 4502 – Offering Relief And Dollars to Undergraduates for Adequate Time for Education Act

Sponsor: Rep. Casten D-IL
Cosponsors: 3 (3D; 0R)
Introduced: 09/26/2019
NASFAA Overview & review: This bill would repeal part 1087e(q) of this advanced schooling Act, which may get rid of the requirement that pupils might only get Federal student education loans within a period framework corresponding to 150per cent for the posted amount of this program these are generally signed up for.

H.R. 4517 – Promoting Apprenticeships in public areas Provider Act

Sponsor: Rep. Cicilline D-RI
Cosponsors: 3 (3D; 0R)
Introduced: 09/26/2019
NASFAA Overview & research: This legislation would direct the Secretary of Education to cancel or repay as much as $25,000 in loans for almost any debtor that received a certification from a authorized apprenticeship system after which completes 2 yrs of full-time work at a qualifying public service task.

H.R. 4395 – Clean Slated Through Consol Sponsor: Rep. Stevens D-MI
Cosponsors: 1 (1D; 0R)
Introduced: 09/19/2019
NASFAA Overview & review: The Clean Slated Through Consolidation Act allows borrowers who possess defaulted to their figuratively speaking to possess that default taken from their credit score when they get that loan consolidation for the quantity.

H.R. 4396 – Clean Slated Through Repayment Act

Sponsor: Rep. Mucarsel-Powell D-FL
Cosponsors: 1 (1D; 0R)
Introduced: 09/19/2019
NASFAA Overview & research: The Clean Slated Through Repayment Act would eliminate the record of default on a debtor’s credit rating upon total payment associated with the amount that is full.

S. 2523 – Adjunct Faculty Loan Fairness Act of 2019

Sponsor: Sen. Durbin D-IL
Cosponsors: 3 (3D; 0R)
Introduced: 09/19/2019
NASFAA Overview & research: This bill will allow faculty that is adjunct thought as a part-time faculty user who shows no less than 1 program at an organization of degree and it is perhaps perhaps not used on a full-time foundation by virtually any manager, to be eligible for general public solution loan forgiveness.

H.R. 4391 – Public Provider Loan 24/7 loans online Forgiveness Modernization Act

Sponsor: Rep. Panetta D-CA
Cosponsors: 8 (8D; 0R)
Introduced: 09/18/2019
NASFAA Overview & Analysis: people Service Loan Forgiveness Modernization Act would mandate the development of an effortlessly searchable database of most PSLF eligible employers, additionally the jobs under that company. The Act would also create a procedure for the company to electronically submit a official certification kind that could notify ED they are an employer that is qualified. An annual statement that includes the number of monthly payments made by the borrower, the number of payments that qualify for PSLF, and the number of monthly payments the borrower has left before they can apply for forgiveness in addition, the Act would require ED to provide each borrower.

H.R. 4310 – Public Provider Expansion Act

Sponsor: Rep. Boyle D-PA
Cosponsors: 0
Introduced: 09/12/2019
NASFAA Overview & research: the general public provider Expansion Act will allow employment in virtually any place at a nonprofit company to be counted being a general public solution work and qualified to receive general public solution loan forgiveness.

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