S.2976: Student Loan Repayment Freedom Act

About This Bill

Bill Cosponsors

2 (1 Democrat, 1 Republican)

Bill Version

Bill Summary

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.

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There is one statement associated with S.2976.

Bill Actions

Date Description
Oct. 7, 2021
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Oct. 7, 2021

Introduced in the Senate by Lisa Murkowski (R-Alaska)

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