House Bill 3448
116th Congress(2019-2020)
Student Debt Cancellation Act of 2019
Introduced
Introduced in House on Jun 24, 2019
Origin Chamber
House
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
3448
Congress
116
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 House votes have been held for this bill.
Summary
Student Debt Cancellation Act of 2019
This bill requires the Department of Education to (1) forgive the outstanding balance of interest and principal due on all Federal Family Education Loans, Federal Direct Loans, and Perkins Loans, including parent loans, consolidation loans, and certain grants treated as loans; and (2) purchase and forgive the outstanding balance of interest and principal due on private student loans.
June 24, 2019
06/24/2019
Referred to the Committee on Education and Labor, and in addition to the Committees on Financial Services, and Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
06/24/2019
Introduced in House
Public Record
Record Updated
Nov 1, 2022 1:50:56 PM