US Congress House Bill 6280 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 13-0)
Status: Introduced on June 28 2018 - 25% progression, died in committee
Action: 2018-06-28 - Referred to the House Committee on Education and the Workforce.
Pending: House Education And The Workforce Committee
Text: Latest bill text (Introduced) [PDF]

Parent PLUS Loan Improvement Act of 2018 This bill amends the Higher Education Act of 1965 to modify the applicable terms and conditions with respect to Federal Direct PLUS Loans to parent borrowers (i.e., parent PLUS loans). Specifically, it reduces the interest rate and eliminates the origination fee for a parent PLUS loan disbursed on or after July 1, 2018. The Department of Education must ensure, prior to disbursement, that a parent PLUS loan borrower receives counseling that includes comprehensive information on the terms, conditions, and responsibilities with respect to the loan. The bill makes a parent PLUS loan eligible for the income-contingent and income-based repayment plans. Additionally, it makes a consolidation loan that repays parent PLUS loan eligible for the income-based repayment plan.

Parent PLUS Loan Improvement Act of 2018

Rep. Marcia Fudge [D-OH]	Rep. Eleanor Norton [D-DC]	Rep. Gregory Meeks [D-NY]	Rep. Bobby Rush [D-IL]
Rep. Gregorio Sablan [D-MP]	Rep. Bennie Thompson [D-MS]	Rep. Marc Veasey [D-TX]	Rep. Frederica Wilson [D-FL]
Rep. Danny Davis [D-IL]	Rep. Sheila Jackson-Lee [D-TX]	Rep. Barbara Lee [D-CA]	Rep. Andre Carson [D-IN]
Rep. Alcee Hastings [D-FL]

Date	Chamber	Action
2018-06-28	House	Referred to the House Committee on Education and the Workforce.
2018-06-28	House	Introduced in House

HB5785 (Related) 2018-05-14 - Referred to the Subcommittee on Water Resources and Environment.

Type	Source
Summary	https://www.congress.gov/bill/115th-congress/house-bill/6280/all-info
Text	https://www.congress.gov/115/bills/hr6280/BILLS-115hr6280ih.pdf