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 development of the “borrower advocate” at the office for 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, trying to resolve any complaints into the best interest for the borrowers, and reporting complaints to a situation or accrediting agency if relevant. The debtor advocate is in charge of publishing a report that is annual ED that could summarize the complaints gotten from borrowers, such as the wide range 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 Overview & Analysis: This bill will allow borrowers who’ve full-time jobs as medical care professionals and offer their solutions at a nonprofit, or general public medical center or other nonprofit or general public medical care facility to qualify for Public Service Loan Forgiveness.

H.R. 4596 – Education Loan Advocacy Act

Sponsor: https://speedyloan.net/installment-loans-md 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 incorporate prioritization to pupils and borrowers in decision-making procedures, making aid that is federal more effortlessly understandable to students and parents, handling costs, increasing effectiveness, increasing accountability of officials who administer functional facets 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 the “borrower advocate” at the office for the PBO whoever function should be to offer prompt assist with federal loan borrowers by giving an answer to and reviewing their complaints about federal loans, trying to resolve any complaints within the most readily useful interest regarding the 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 wide range 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 expel education loan interest capitalization after forbearance and during particular durations of deferment.

H.R. 4502 – providing 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 area 1087e(q) for the advanced schooling Act, which may eradicate the requirement that pupils may just get Federal student education loans within a period frame add up to 150percent regarding the posted amount of this system they truly are signed up for.

H.R. 4517 – Promoting Apprenticeships in public places 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 the registered apprenticeship system after which completes 2 yrs of full-time work at a qualifying service job that is public.

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 will allow borrowers that have defaulted on the figuratively speaking to possess that default taken out of 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 & review: The Clean Slated Through Repayment Act would get rid of the record of standard for a debtor’s credit score upon total payment associated with 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 & review: This bill allows adjunct faculty, understood to be a part-time faculty user whom shows no less than 1 course at an organization of advanced schooling and it is maybe perhaps not used on a full-time foundation by virtually any manager, to be eligible for general general public solution loan forgiveness.

H.R. 4391 – Public Provider Loan Forgiveness Modernization Act

Sponsor: Rep. Panetta D-CA
Cosponsors: 8 (8D; 0R)
Introduced: 09/18/2019
NASFAA Overview & research: people provider Loan Forgiveness Modernization Act would mandate the development of an effortlessly searchable database of most PSLF eligible companies, additionally the roles under that manager. The Act would additionally produce a procedure for the company to electronically submit a certification type that could notify ED that they’re a qualified boss. 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 as being a general public solution job and entitled to general general public solution loan forgiveness.