US Congress House Bill 2677 (Prior Session Legislation)

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Sponsorship: Bipartisan Bill
Status: Introduced on June 4 2015 - 25% progression, died in committee
Action: 2015-11-16 - Referred to the Subcommittee on Higher Education and Workforce Training.
Pending: House Subcommittee on Higher Education and Workforce Training Committee
Text: Latest bill text (Introduced) [PDF]

To require the Secretary of Education to verify that individuals have made a commitment to serve in the Armed Forces or in public service, or otherwise are a borrower on an eligible loan which has been submitted to a guaranty agency for default aversion or is already in default, before such individuals obtain a consolidation loan. This bill amends the Higher Education Act of 1965, with respect to eligibility for consolidation loans, to require verification of a borrower's status by the Department of Education in the following cases: for obtaining income-contingent or -based repayment, and only if the loan has been submitted to the guaranty agency for default aversion or where the loan is already in default; for the purposes of using the public service loan forgiveness program; or for the purpose of using the no accrual of interest benefit for active duty service members.

To require the Secretary of Education to verify that individuals have made a commitment to serve in the Armed Forces or in public service, or otherwise are a borrower on an eligible loan which has been submitted to a guaranty agency for default aversion or is already in default, before such individuals obtain a consolidation loan.

Rep. Matt Salmon [R-AZ]	Rep. Eliot Engel [D-NY]	Rep. Brett Guthrie [R-KY]	Rep. Alcee Hastings [D-FL]
Rep. Duncan Hunter [R-CA]	Rep. Donald Payne [D-NJ]	Rep. Tim Walberg [R-MI]	Rep. Patrick Murphy [D-FL]

Date	Chamber	Action
2015-11-16	House	Referred to the Subcommittee on Higher Education and Workforce Training.
2015-06-04	House	Referred to the House Committee on Education and the Workforce.
2015-06-04	House	Introduced in House

Type	Source
Summary	https://www.congress.gov/bill/114th-congress/house-bill/2677/all-info
Text	https://www.congress.gov/114/bills/hr2677/BILLS-114hr2677ih.pdf