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S. 2976

BillFederalSenateIn Committee
Student Loan Repayment Freedom Act
About This Bill
Committee
Latest Action · October 7, 2021
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Congress
117th (2021–2023)
Introduced
October 7, 2021
Cosponsors (2)
1D 1R
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Summary

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Student Loan Repayment Freedom Act This bill allows a federal student loan borrower to terminate repayment under an income-based repayment plan and instead elect to repay such loan under any other repayment plan for which the borrower is eligible. Currently, a federal student loan borrower repaying under an income-based repayment plan may only change to the standard repayment plan.

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