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A bill to defer student loan payments for survivors of sex-based harassment.
3/13/2024, 11:51 PM
Summary of Bill S 2872
Bill 118 s 2872, also known as the "Student Loan Deferment for Survivors of Sex-Based Harassment Act," is a proposed piece of legislation in the US Congress. The bill aims to provide relief for individuals who have experienced sex-based harassment by allowing them to defer their student loan payments.
Under this bill, survivors of sex-based harassment would be eligible to apply for a deferment of their student loan payments for a period of time determined by the Secretary of Education. During this deferment period, survivors would not be required to make any payments towards their student loans, and interest would not accrue on their loans.
The bill also includes provisions to ensure that survivors are not penalized for taking advantage of this deferment option. For example, credit reporting agencies would be prohibited from reporting any negative information related to the deferment, and lenders would be required to work with survivors to ensure a smooth transition back to regular loan payments once the deferment period ends. Overall, the Student Loan Deferment for Survivors of Sex-Based Harassment Act seeks to provide much-needed support for individuals who have experienced trauma and harassment, allowing them to focus on their recovery without the added burden of student loan payments.
Under this bill, survivors of sex-based harassment would be eligible to apply for a deferment of their student loan payments for a period of time determined by the Secretary of Education. During this deferment period, survivors would not be required to make any payments towards their student loans, and interest would not accrue on their loans.
The bill also includes provisions to ensure that survivors are not penalized for taking advantage of this deferment option. For example, credit reporting agencies would be prohibited from reporting any negative information related to the deferment, and lenders would be required to work with survivors to ensure a smooth transition back to regular loan payments once the deferment period ends. Overall, the Student Loan Deferment for Survivors of Sex-Based Harassment Act seeks to provide much-needed support for individuals who have experienced trauma and harassment, allowing them to focus on their recovery without the added burden of student loan payments.
Read the Full Bill
Current Status of Bill S 2872
Bill S 2872 is currently in the status of Bill Introduced since September 20, 2023. Bill S 2872 was introduced during Congress 118 and was introduced to the Senate on September 20, 2023. Bill S 2872's most recent activity was Read twice and referred to the Committee on Health, Education, Labor, and Pensions. as of September 20, 2023
Bipartisan Support of Bill S 2872
Total Number of Sponsors
1Democrat Sponsors
1Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
8Democrat Cosponsors
8Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 2872
Primary Policy Focus
EducationAlternate Title(s) of Bill S 2872
A bill to defer student loan payments for survivors of sex-based harassment.
A bill to defer student loan payments for survivors of sex-based harassment.
Comments
Sponsors and Cosponsors of S 2872
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