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Bill > H1248


MA H1248

Establishing a commission to study student loan debt relief programs


summary

Introduced
01/22/2019
In Committee
01/22/2019
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

191st General Court

Bill Summary

Relative to student load debt. Higher Education.

AI Summary

This bill establishes a commission to study and draft policies to ease the burden of student loan debt on citizens of the Commonwealth of Massachusetts. The commission will consist of members from the Massachusetts House of Representatives, Massachusetts Senate, attorneys specializing in student loans, a consumer advocacy group representative, and a representative from an association or advocacy group that advocates on behalf of lenders and banks. The commission will study the economic impact of student loan debt, existing lending and refinancing programs, the possibility of a new state-run refinancing program, repayment assistance programs, tax relief programs, and other policies that could benefit those working to repay student loan debt in the Commonwealth. The commission is required to file a report with policy recommendations to improve existing programs and establish new programs to ease the burden of student loan debt by December 31st, 2020.

Committee Categories

Education

Sponsors (7)

Last Action

Accompanied a study order, see H5209 (on 12/23/2020)

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