H.R.2465 - Income-Dependent Education Assistance Act of 2007

To allow for the consolidation of Federal student loans into a single direct income-contingent loan repayment program. view all titles (2)

All Bill Titles

  • Official: To allow for the consolidation of Federal student loans into a single direct income-contingent loan repayment program. as introduced.
  • Short: Income-Dependent Education Assistance Act of 2007 as introduced.

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Bill's Views

  • Today: 2
  • Past Seven Days: 3
  • All-Time: 597
 
Introduced
 
House
Passes
 
Senate
Passes
 
President
Signs
 

 
05/22/07
 
 
 
 
 
 
 

Official Summary

5/23/2007--Introduced.Income-Dependent Education Assistance Act of 2007 - Directs the Secretary of Education to conduct a direct income-dependent education assistance (IDEA) loan program, from July 1, 2008, through July 1, 2014, under which student borrowers of Federal Family Education Loa

Official Summary

5/23/2007--Introduced.
Income-Dependent Education Assistance Act of 2007 - Directs the Secretary of Education to conduct a direct income-dependent education assistance (IDEA) loan program, from July 1, 2008, through July 1, 2014, under which student borrowers of Federal Family Education Loans (FFELs) or Direct Loans (DLs), under parts B and D of title IV of the Higher Education Act of 1965, may elect to convert or consolidate such loans to direct IDEA loans. Provides that when a student defaults on a loan under the FFEL or DL programs and it is repaid or canceled by the Secretary, it is thereby converted to a direct IDEA loan. Amends the Internal Revenue Code to provide for collection of IDEA loan repayments through the income tax collection system.


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Recent Blog Coverage

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11/06/08
Tough Choice — Crooked Timber

Before anyone could say rubber baby-buggy bumpers, the two sponsored H.R. 2465, modifying a portion of the social security laws. It will be known to one and all, naturally, as the Pickle-Pepper bill. Purpose? ...

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03/05/08
student loan bills (a problem obscured by the mortgage mess?)

hr 2465: income-dependent education assistance act of 2007, thomas petrie’s (r-wis.) bill, would provide direct government funding for consolidation loans subject to income contingent repayment plans (icrps). ...

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11/30/07
tiahrt’s missed votes

vote 300: hr 2465: family farmer bankruptcy relief act of 2003 not voting yes yes 6/23/03 vote 299: h con res 209: commending the signing of the united states-adriatic charter, a charter of partnership among the united states, albania, ...

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