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Bill > HR4597


US HR4597

College Loan Deferment for Recovery Act


summary

Introduced
12/07/2017
In Committee
12/07/2017
Crossed Over
Passed
Dead
12/31/2018

Introduced Session

115th Congress

Bill Summary

College Loan Deferment for Recovery Act

AI Summary

This bill, the College Loan Deferment for Recovery Act, amends the Higher Education Act of 1965 to allow for the deferment of certain student loans during a period in which a borrower is enrolled in a certified or licensed drug treatment program, including the 30 days after such period. This means that during this time, the borrower would not be required to make periodic installment payments, and interest would not accrue on their loans. The bill applies to loans made on or after the date of enactment, as well as those in repayment on the date of enactment.

Committee Categories

Education

Sponsors (4)

Last Action

Referred to the House Committee on Education and the Workforce. (on 12/07/2017)

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