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H.R. 4627 – Pupil Borrower Advocate Act

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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 the “borrower advocate” at the office regarding the PBO whoever function is to offer prompt help federal loan borrowers by answering and reviewing their complaints about federal loans, attempting to resolve any complaints within the interest that is best associated with the borrowers, and reporting complaints to a state or accrediting agency if applicable. The debtor advocate will be in charge of posting a yearly report to ED that could summarize the complaints gotten from borrowers, like the quantity of complaints made.

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

Sponsor: Rep. Harder D-CA
Cosponsors: 4 (2D; 2R)
Introduced: 10/04/2019
NASFAA Overview & review: This bill will allow borrowers who possess full-time jobs as medical care professionals and offer their solutions at a nonprofit, or public medical center or other nonprofit or general general 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 goal of the PBO to add prioritization to pupils and borrowers in decision-making procedures, making federal help programs more easily 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 development of the “borrower advocate” at work associated with 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 within the interest that is best for the borrowers, and reporting complaints to a situation or accrediting agency if relevant. The debtor advocate could be in charge of publishing a yearly are accountable to money key ED that could summarize the complaints gotten from borrowers, such as the quantity 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 student loan interest capitalization after forbearance and during specific 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 & research: This bill would repeal area 1087e(q) associated with advanced schooling Act, which may eradicate the requirement that pupils may only get Federal figuratively speaking within an occasion framework corresponding to 150per cent for the posted amount of this system these are generally enrolled in.

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 & review: This legislation would direct the Secretary of Education to cancel or repay as much as $25,000 in loans for just about any debtor that received a certification from the subscribed apprenticeship program 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 & research: The Clean Slated Through Consolidation Act will allow borrowers that have defaulted on the figuratively speaking to possess that default taken from their credit rating when they receive a loan consolidation for the total amount.

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 rating upon total payment regarding the complete quantity due.

S. 2523 – Adjunct Faculty Loan Fairness Act of 2019

Sponsor: Sen. Durbin D-IL
Cosponsors: 3 (3D; 0R)
Introduced: 09/19/2019
NASFAA Summary & research: This bill allows faculty that is adjunct understood to be a part-time faculty user whom shows for around 1 course at an organization of advanced schooling and it is maybe perhaps not employed on a full-time basis by any kind of company, to be eligible for 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: the general public provider Loan Forgiveness Modernization Act would mandate the creation of an effortlessly searchable database of most PSLF eligible companies, and also the roles under that boss. The Act would additionally produce an activity for an boss to electronically submit a certification type that could notify ED they are an employer that is qualified. In addition, the Act would need ED to give each debtor a yearly declaration which includes how many monthly obligations created by the debtor, how many repayments that qualify for PSLF, as well as the quantity of monthly premiums the borrower has kept before they could submit an application for forgiveness.

H.R. 4310 – Public Provider Expansion Act

Sponsor: Rep. Boyle D-PA
Cosponsors: 0
Introduced: 09/12/2019
NASFAA Overview & review: the general public provider Expansion Act allows work in every place at an organization that is nonprofit be counted being a general general general public solution work and qualified to receive general public solution loan forgiveness.