118th Congress Education
H.R. 6809: Parent PLUS Loan Fairness and Responsibility Act of 2023
Introduced
- Introduced (completed)
- Passed House (not reached)
- Passed Senate (not reached)
- To the President (not reached)
- Became law (not reached)
Summary
Parent PLUS Loan Fairness and Responsibility Act of 2023
This bill allows parent borrowers to transfer their parent PLUS loans to their child under certain circumstances. Among other requirements for a transfer, the child must demonstrate the ability to repay the loan, as determined by the Department of Education. Additionally, the bill makes these transferred loans eligible for income-driven repayment plans.
Written by the Congressional Research Service, Library of Congress.
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History
- Introduced in the House by Bill Foster.
Show the full action history (2 actions)
- Introduced in House
- Referred to the House Committee on Education and the Workforce.