US Congress House Bill 2968 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 15-0)
Status: Introduced on June 20 2017 - 25% progression, died in committee
Action: 2017-06-20 - Referred to the House Committee on Education and the Workforce.
Pending: House Education And The Workforce Committee
Text: Latest bill text (Introduced) [PDF]

Know Your Repayment Options Act This bill amends the Higher Education Act of 1965 to require the Department of Education (ED) to annually give federal student loan borrowers who have graduated or departed from school detailed information, including monthly amount and lifetime payment amount, for each repayment option available to the borrower. To provide this individualized information to borrowers, ED must establish a process for annual verification of the borrower's annual income and the outstanding balance of principal and interest due on federal loans. Borrowers may opt out of being provided this information.

Know Your Repayment Options Act

Rep. Eric Swalwell [D-CA]	Rep. Brendan Boyle [D-PA]	Rep. Seth Moulton [D-MA]	Rep. Derek Kilmer [D-WA]
Rep. Mark DeSaulnier [D-CA]	Rep. Grace Napolitano [D-CA]	Rep. Dwight Evans [D-PA]	Rep. Eleanor Norton [D-DC]
Rep. Earl Blumenauer [D-OR]	Rep. Jamie Raskin [D-MD]	Rep. Madeleine Bordallo [D-GU]	Rep. Debbie Dingell [D-MI]
Rep. Andre Carson [D-IN]	Rep. Lucille Roybal-Allard [D-CA]	Sen. Ben Lujan [D-NM]

Date	Chamber	Action
2017-06-20	House	Referred to the House Committee on Education and the Workforce.
2017-06-20	House	Introduced in House

Type	Source
Summary	https://www.congress.gov/bill/115th-congress/house-bill/2968/all-info
Text	https://www.congress.gov/115/bills/hr2968/BILLS-115hr2968ih.pdf