So it bill would allow qualified federal individuals to help you re-finance its federal loans whenever rates try less
Recruit: Sen. Murkowski [R-AK]
NASFAA Summation & Investigation: This bill would eliminate penalties and deterrents that prevent institutions from informing students about student loans offered by non-profit state agency lenders.
S.2976 – Student loan Payment Freedom Operate
Sponsor: Sen. Murkowski [R-AK]
NASFAA Summary & Study: This bill would allow borrowers to switch between different repayment plans based on their situation without first being put into a forbearance or standard repayment plan while the transfer is made.
H.Roentgen.5126 – Combating Predatory Lending in the Advanced schooling Operate of 2021
Sponsor: Rep. Van Duyne [R-TX]
NASFAA Summation & Analysis: This bill would now include PLUS loans made to graduate students and parents in the calculation for an institution’s Cohort Default Rate (CDR) so that any default in these loans is now included in the calculation.…