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Parent PLUS Loan Improvement Act of 2016
Legislative Progress
Momentum (last 30 days)
0
score
0 actions · 0 new cosponsors · 0 votes
Speed vs cohort
92pct
201d open
vs 6,526 other HR bills in the 114th — cohort avg 56d
Parent PLUS Loan Improvement Act of 2016 This bill amends title IV (Student Assistance) of the Higher Education Act of 1965 to modify the applicable terms and conditions with respect to Federal Direct PLUS Loans to parent borrowers (i.e., parent PLUS loans). Specifically, it reduces the interest rate and eliminates the origination fee for a parent PLUS loan disbursed on or after July 1, 2016. The Department of Education must ensure, prior to disbursement, that a parent PLUS loan borrower receives counseling that includes comprehensive information on the terms, conditions, and responsibilities with respect to the loan. The bill makes a parent PLUS loan eligible for the income-contingent and income-based repayment plans. Additionally, it makes a consolidation loan that repays parent PLUS loan eligible for the income-based repayment plan.
These links require the bill number to appear in the filing's source-reported specific issue text. Client expenses and lobbying-firm income are separate disclosure fields.
Filing registrants (1)
2016 · first_quarter · Education
S.590, H.R. 1310Campus Accountability and Safety Act, entire bill S. 840, Student Loan Borrowers Bill of Rights, entire bill S. 1102, HR 2364Protect Student Borrower Act of 2015, entire bill H.R. 2680, HALT Campus Sexual Violence Act, entire bill H.R. 4223, Protecting Our Students by Terminating Graduate Rates (POST) Act, entire bill H.R. 3675, Student Borrower Fairness Act, entire bill H.R. 4054, Ensuring Quality Education for Veterans Act, entire bill H.R. 3988, Military and Veterans Education Protection Act, entire bill H.R. 3786, Student Loan Fair Prepayment Act, entire bill P.L. 114-95, Every Student Succeeds Act; implementation of teach preparation provisions H.R. 1310, Campus Accountability and Safety Act, entire bill H.R .3179, Empowering Students Through Enhanced Financial Counseling Act, entire bill H.R. 4661, Parent PLUS Loan Improvement Act of 2016, entire bill Higher Education Act Reauthorization Proposals, entire bill S.108, Financial Aid Simplification and Transparency Act of 2015, entire bill S.706SOS Campus Act, entire bill Making appropriations for the Departments of Labor, Health and Human Services, and Education, and related agencies for the fiscal year ending September 30, 2017, and for other purposes; higher education programs H.R. 4652, Clarity in Lending for Education and Repayment (CLEAR) Act, entire bill Humanities Advocacy, funding for the National Endowment for Humanities
Referred to the Subcommittee on Higher Education and Workforce Training.
Referred to the House Committee on Education and the Workforce.
Introduced in House
Congress.gov source codes: 1000, Intro-H
Bills with similar content found using semantic analysis.
Sources: Congress.gov
Client expense: $340,000 · Firm income: Not reported
Government targets: Army, Dept of (Corps of Engineers), Defense, Dept of (DOD), Education, Dept of, Energy, Dept of, HOUSE OF REPRESENTATIVES, Natl Aeronautics & Space Administration (NASA), Natl Oceanic & Atmospheric Administration (NOAA), Natl Science Foundation (NSF), SENATE, Veterans Affairs, Dept of (VA)
2016 · first_quarter · Education
S.590, H.R. 1310Campus Accountability and Safety Act, entire bill S. 840, Student Loan Borrowers Bill of Rights, entire bill S. 1102, HR 2364Protect Student Borrower Act of 2015, entire bill H.R. 2680, HALT Campus Sexual Violence Act, entire bill H.R. 4223, Protecting Our Students by Terminating Graduate Rates (POST) Act, entire bill H.R. 3675, Student Borrower Fairness Act, entire bill H.R. 4054, Ensuring Quality Education for Veterans Act, entire bill H.R. 3988, Military and Veterans Education Protection Act, entire bill H.R. 3786, Student Loan Fair Prepayment Act, entire bill P.L. 114-95, Every Student Succeeds Act; implementation of teach preparation provisions H.R. 1310, Campus Accountability and Safety Act, entire bill H.R .3179, Empowering Students Through Enhanced Financial Counseling Act, entire bill H.R. 4661, Parent PLUS Loan Improvement Act of 2016, entire bill Higher Education Act Reauthorization Proposals, entire bill S.108, Financial Aid Simplification and Transparency Act of 2015, entire bill S.706SOS Campus Act, entire bill Making appropriations for the Departments of Labor, Health and Human Services, and Education, and related agencies for the fiscal year ending September 30, 2017, and for other purposes; higher education programs H.R. 4652, Clarity in Lending for Education and Repayment (CLEAR) Act, entire bill Humanities Advocacy, funding for the National Endowment for Humanities
Client expense: $540,000 · Firm income: Not reported
Government targets: Army, Dept of (Corps of Engineers), Defense, Dept of (DOD), Education, Dept of, Energy, Dept of, HOUSE OF REPRESENTATIVES, Natl Aeronautics & Space Administration (NASA), Natl Oceanic & Atmospheric Administration (NOAA), Natl Science Foundation (NSF), SENATE, Veterans Affairs, Dept of (VA)
| Democratic |
| CT |
| Marc A. Veasey | Democratic | TX |
| Mark Takano | Democratic | CA |
| Mike Thompson | Democratic | CA |
| Rubén Hinojosa | Democratic | TX |
| Stacey E. Plaskett | Democratic | VI |