A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Department of Education relating to "Waivers and Modifications of Federal Student Loans".

12/15/2023, 4:05 PM

Summary of Bill SJRES 22

Bill 118 SJRes 22 is a joint resolution in the US Congress that aims to disapprove of a rule submitted by the Department of Education regarding "Waivers and Modifications of Federal Student Loans." The resolution falls under chapter 8 of title 5, United States Code, which allows Congress to review and potentially overturn regulations put forth by federal agencies.

The rule in question likely pertains to changes in how federal student loans are managed, potentially including modifications to repayment plans, interest rates, or eligibility criteria for loan forgiveness programs. The Department of Education's submission of this rule indicates a desire to make adjustments to the current system of federal student loans.

If Bill 118 SJRes 22 is passed, it would signify Congress's disapproval of the Department of Education's proposed rule. This could lead to the rule being overturned or revised, depending on the specific language of the resolution and any subsequent actions taken by Congress. Overall, this resolution highlights the ongoing debate and scrutiny surrounding federal student loan policies and the role of government agencies in managing these important financial instruments for millions of Americans pursuing higher education.

Congressional Summary of SJRES 22

This joint resolution nullifies the rule issued by the Department of Education on October 12, 2022, that suspends federal student loan payments and discharges debt.

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Current Status of Bill SJRES 22

Bill SJRES 22 is currently in the status of Bill Introduced since March 27, 2023. Bill SJRES 22 was introduced during Congress 118 and was introduced to the Senate on March 27, 2023. Bill SJRES 22's most recent activity was Read twice and referred to the Committee on Health, Education, Labor, and Pensions. as of March 27, 2023

Bipartisan Support of Bill SJRES 22

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

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Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill SJRES 22

Primary Policy Focus

Education

Potential Impact Areas

- Administrative law and regulatory procedures

- Government lending and loan guarantees

- Higher education

- Student aid and college costs

Alternate Title(s) of Bill SJRES 22

A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Department of Education relating to "Waivers and Modifications of Federal Student Loans".