H.R.4834 - Student Debt Reduction Act

To amend section 493C of the Higher Education Act of 1965 to limit student loan payments to 10 percent of discretionary income, and for other purposes. view all titles (2)

All Bill Titles

  • Official: To amend section 493C of the Higher Education Act of 1965 to limit student loan payments to 10 percent of discretionary income, and for other purposes. as introduced.
  • Short: Student Debt Reduction Act as introduced.

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Introduced
 
House
Passes
 
Senate
Passes
 
President
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03/10/10
 
 
 
 
 
 
 

Official Summary

3/11/2010--Introduced.Student Debt Reduction Act - Amends the Higher Education Act of 1965 to cap annual, income-based, student loan repayments under the Federal Family Education Loan and Direct Loan programs at 10% (currently, 15%) of the amount by which a borrower's and the borrower

Official Summary

3/11/2010--Introduced.Student Debt Reduction Act - Amends the Higher Education Act of 1965 to cap annual, income-based, student loan repayments under the Federal Family Education Loan and Direct Loan programs at 10% (currently, 15%) of the amount by which a borrower's and the borrower's spouse's adjusted gross income exceeds 150% of the poverty line. Requires the Secretary of Education to cancel or repay such loans after 20 (currently, 25) years.

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Recent Blog Coverage

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05/10/10
H.R.5281: Removal Clarification Act of 2010 - U.S. Congress ...

H.R.4834 Student Debt Reductio... 1 · S.3219 Fairness for Struggli... 1 · H.R.5043 Private Student Loan ... 1. Users supporting H.R.5281 (1) are also: Supporting Bill. H.R.1623 International Megan's. ...

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04/27/10
S.3281: Student Loan Forgiveness and Repayment Assistance Act of ...

Bills, People. H.R.5043 Private Student Loan ... 11 · S.1541 Private Student Loan ... 7 · S.3219 Fairness for Struggli... 5 · H.R.4834 Student Debt Reductio... 5 · H.R.4574 Student Loan Interest. ...

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04/13/10
H.R.5043: Private Student Loan Bankruptcy Fairness Act of 2010 ...

Bills, People, Issues. S.3219 Fairness for Struggli... 20 · S.3281 Student Loan Forgiven... 11 · S.1541 Private Student Loan ... 9 · H.R.4834 Student Debt Reductio... 6 · H.R.2454 American Clean Energ. ...

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