With reauthorization of the Higher Education Act due for action, members of Congress unveil new proposals for the future of higher education on a continuous basis. NASFAA's series, The Capitol Recap, provides a monthly update on new pieces of legislation introduced in both the House of Representatives and the Senate to provide aid administrators with the most up-to-date information for their offices and their own administration. Bills listed here, unless otherwise noted, have been referred to committee and are awaiting action or consideration.
For a complete list of legislation introduced in this session of Congress, visit the NASFAA Legislative Tracker.
October & November 2020
- The Pandemic Accommodation to Support Students Act (PASS) Act introduced by Rep. Underwood [D-IL] would amend section 3513 of the CARES Act, updating the date of the temporary relief for federal student loan borrowers from September 30, 2020 to September 30, 2021.
- The Student Loan Relief Act introduced by Rep. Gonzalez [D-TX] would equire the Department of Education to provide a maximum of $25,000 in federal student loan forgiveness to borrowers. The bill would ensure that for borrowers who have more than $25,000 in federal student loan debt, the cancellation would be applied to borrower's loans in the order of highest interest rate. Any forgiveness would not be taxable.
Quality and Accountability
- The Student Records Protection Act introduced by Rep. Cartwright [D-PA] would require institutions to create record-management plans in the event of the school planning to cease operations in order to be accredited or continue to be accredited. The school would need to include a plan for custody, continued access, and disposition of student records, including student transcripts, billing, and financial aid records.
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