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Of inquiry directing the Secretary of Education to transmit certain documents to the House of Representatives relating to the Department of Education's cost estimates for the Secretary's waivers related to public service loan forgiveness and income-driven repayment.
4/17/2024, 11:44 PM
Summary of Bill HRES 1295
Bill 117 H.Res. 1295, also known as the "Of Inquiry Directing the Secretary of Education to Transmit Certain Documents to the House of Representatives Relating to the Department of Education's Cost Estimates for the Secretary's Waivers Related to Public Service Loan Forgiveness and Income-Driven Repayment," is a piece of legislation that aims to gather information from the Secretary of Education regarding the cost estimates for waivers related to public service loan forgiveness and income-driven repayment.
The bill directs the Secretary of Education to provide certain documents to the House of Representatives that detail the Department of Education's cost estimates for the waivers granted by the Secretary in relation to public service loan forgiveness and income-driven repayment programs. These waivers are designed to provide relief to borrowers who are struggling to repay their student loans due to financial hardship or other circumstances.
The purpose of this bill is to increase transparency and accountability within the Department of Education by ensuring that Congress has access to accurate and up-to-date information regarding the costs associated with these waivers. By obtaining this information, lawmakers will be better equipped to make informed decisions about the future of these programs and how they can best serve the needs of student loan borrowers. Overall, Bill 117 H.Res. 1295 seeks to promote greater oversight and understanding of the Department of Education's actions in relation to public service loan forgiveness and income-driven repayment, ultimately aiming to improve the effectiveness and efficiency of these important student loan relief programs.
The bill directs the Secretary of Education to provide certain documents to the House of Representatives that detail the Department of Education's cost estimates for the waivers granted by the Secretary in relation to public service loan forgiveness and income-driven repayment programs. These waivers are designed to provide relief to borrowers who are struggling to repay their student loans due to financial hardship or other circumstances.
The purpose of this bill is to increase transparency and accountability within the Department of Education by ensuring that Congress has access to accurate and up-to-date information regarding the costs associated with these waivers. By obtaining this information, lawmakers will be better equipped to make informed decisions about the future of these programs and how they can best serve the needs of student loan borrowers. Overall, Bill 117 H.Res. 1295 seeks to promote greater oversight and understanding of the Department of Education's actions in relation to public service loan forgiveness and income-driven repayment, ultimately aiming to improve the effectiveness and efficiency of these important student loan relief programs.
Congressional Summary of HRES 1295
This resolution directs Secretary of Education Miguel Cardona to transmit, within 14 days, certain information and documents concerning cost estimates for the Public Service Loan Forgiveness waiver announced on October 6, 2021, and the income-driven repayment waiver announced on April 19, 2022.
Read the Full Bill
Current Status of Bill HRES 1295
Bill HRES 1295 is currently in the status of Bill Introduced since July 28, 2022. Bill HRES 1295 was introduced during Congress 117 and was introduced to the House on July 28, 2022. Bill HRES 1295's most recent activity was Placed on the House Calendar, Calendar No. 148. as of November 10, 2022
Bipartisan Support of Bill HRES 1295
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
0Democrat Cosponsors
0Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HRES 1295
Primary Policy Focus
EducationPotential Impact Areas
- Congressional-executive branch relations
- Government lending and loan guarantees
- Higher education
- House of Representatives
- Student aid and college costs
Alternate Title(s) of Bill HRES 1295
Of inquiry directing the Secretary of Education to transmit certain documents to the House of Representatives relating to the Department of Education's cost estimates for the Secretary's waivers related to public service loan forgiveness and income-driven repayment.
Of inquiry directing the Secretary of Education to transmit certain documents to the House of Representatives relating to the Department of Education's cost estimates for the Secretary's waivers related to public service loan forgiveness and income-driven repayment.
Comments
Sponsors and Cosponsors of HRES 1295
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