US HB3095 | 2019-2020 | 116th Congress
Status
Spectrum: Partisan Bill (Democrat 6-0)
Status: Introduced on June 4 2019 - 25% progression, died in committee
Action: 2019-06-04 - Referred to the House Committee on Education and Labor.
Pending: House Education and Labor Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on June 4 2019 - 25% progression, died in committee
Action: 2019-06-04 - Referred to the House Committee on Education and Labor.
Pending: House Education and Labor Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Requires the Department of Education to annually give federal student loan borrowers who have graduated or departed from school individualized loan repayment information, including monthly amounts and lifetime payment amounts, for each repayment option available to the borrowers. Borrowers may opt out of being provided this information.
Title
Know Your Repayment Options Act
Sponsors
| Rep. Eric Swalwell [D-CA] | Rep. Seth Moulton [D-MA] | Rep. Grace Napolitano [D-CA] | Rep. Eleanor Norton [D-DC] |
| Rep. Brendan Boyle [D-PA] | Rep. Derek Kilmer [D-WA] |
History
| Date | Chamber | Action |
|---|---|---|
| 2019-06-04 | House | Referred to the House Committee on Education and Labor. |
| 2019-06-04 | House | Introduced in House |
Subjects
Education
Educational guidance
Higher education
Interest, dividends, interest rates
Student aid and college costs
Educational guidance
Higher education
Interest, dividends, interest rates
Student aid and college costs
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/116th-congress/house-bill/3095/all-info |
| Text | https://www.congress.gov/116/bills/hr3095/BILLS-116hr3095ih.pdf |
