Senate Bill 4459
117th Congress(2021-2022)
Student Debt Relief and College Affordability Act
Introduced
Introduced in Senate on Jun 23, 2022
Origin Chamber
Senate
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
4459
Congress
117
Policy Area
Education
Education
Primary focus of measure is elementary, secondary, or higher education including special education and matters of academic performance, school administration, teaching, educational costs, and student aid.
No Senate votes have been held for this bill.
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.
June 23, 2022
Sort by most recent
06/23/2022
Read twice and referred to the Committee on Finance.
06/23/2022
Introduced in Senate
Public Record
Record Updated
Aug 18, 2023 8:00:29 PM