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United States · Bill · S

S. 4459 (117th)

Student Debt Relief and College Affordability Act

referredUnited States· United States Congress· EN

Introduced

23 June 2022

Last action

23 June 2022 · Introduced

Status

Read twice and referred to the Committee on Finance.

Sponsors

Sen. Cortez Masto, Catherine [D-NV]

Subjects

Education

Source updated

3 January 2025

Education

Summary

Student Debt Relief and College Affordability Act This bill makes changes to the Federal Pell Grant program and addresses repayment options, loan disclosures, and loan counseling for student loans. For example, the bill (1) directs the Department of Education (ED) to provide federal student loan forgiveness and cancellation for recipients of Pell Grants, (2) increases the maximum Pell Grant award, (3) terminates interest capitalization and origination fees for Federal Direct Loans, and (4) requires ED to maintain online counseling tools that provide borrowers with entrance and exit student loan counseling.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 23 June 2022

    Introduced

    Read twice and referred to the Committee on Finance.

    Source: IntroReferral

  2. 23 June 2022

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in Senate (text)

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  • Introduced in Senate (text)

    Introduced in Senate · EN · 23 June 2022

    ViewDownloadOpen at official source

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 23 June 2022

    ViewDownloadOpen at official source

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  • Introduced in Senate

    summary · EN · 23 June 2022

    Open at official source

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Sponsors

Related records

Sources

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