H.R.4170: Student Loan Forgiveness Act of 2012

About This Bill

Bill Summary

Student Loan Forgiveness Act of 2012 - Amends title IV (Student Assistance) of the Higher Education Act of 1965 to establish a 10/10 Loan Repayment Plan that allows borrowers of Federal Family Education Loans (FFELs) and Direct Loans (DLs) to limit their monthly payment on such loans to one-twelfth of 10% of the amount by which their adjusted gross income and that of their spouse (if applicable) exceeds 150% of the federal poverty level....

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There is one statement associated with H.R.4170.

Bill Actions

Date Description
Sponsor introductory remarks on measure.
Referred to the Committee on Education and the Workforce, and in addition to the Committees on Foreign Affairs, and Armed Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to House Education and the Workforce
Referred to House Foreign Affairs
Referred to House Armed Services
Referred to the Subcommittee on Military Personnel.
Referred to the Subcommittee on Higher Education and Workforce Training.
March 8, 2012

Introduced in the House by Hansen Clarke (D-Mich.)

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