It expenses will allow federal student loan individuals so you’re able to re-finance its fund when rates was smaller

It expenses will allow federal student loan individuals so you’re able to re-finance its fund when rates was smaller

H.Roentgen.2034 – Income-Driven Student loan Forgiveness Work

Sponsor: Rep. Lawson [D-FL]
Cosponsors: 0
Introduced:
NASFAA Bottom line & Analysis: This bill would direct the Secretary of Education to forgive the balance of some federal student loans for eligible borrowers. Borrowers who filed a tax return for the most recent tax year, had an eligible loan in repayment, is employed, or had recent employment prior to the pandemic, and makes less than $100,000 if single, or $200,000 if married, would be eligible to receive forgiveness of their loan balance. The bill also stipulates that any forgiveness received would not be taxable.

H.R.1633 – Public-service Mortgage Forgiveness Introduction Work regarding 2021

Sponsor: Rep.Continue reading