Amendment requires guarantee agencies of student loans to participate in a loan rehabilitation program in which the Department of Education and the guarantee agency would have to adjust borrower repayments to what are reasonable and affordable payments based on the borrower's total financial status; and would permit borrowers to renew their eligibility for financial assistance after reestablishing a pattern of repayment.

passedUnited States· United States Congress· EN

Introduced

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Last action

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Status

On agreeing to the Vento amendment (A009) Agreed to by voice vote.

Records

Official amendment HAMDT 455 (102nd) from United States at United States Congress. Status: On agreeing to the Vento amendment (A009) Agreed to by voice vote..

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Related records

amends → Higher Education Amendments of 1992

Sources

PoliticalRepo is an index and interpretation layer, not the authoritative legal source.

Official source: https://www.congress.gov/amendment/102nd-congress/hamdt-455
Open data entity: https://api.congress.gov/v3/amendment/102/hamdt/455
us · 102-hamdt-455 · source updated 7 June 2021