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Equity in Student Loan Relief Act
Legislative Progress
Momentum (last 30 days)
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0 actions · 0 new cosponsors · 0 votes
Speed vs cohort
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vs 9,062 other HR bills in the 116th — cohort avg 39d
Equity in Student Loan Relief Act This bill establishes a temporary program to suspend payments and interest through September 30, 2020, on Federal Family Education Loans (FFELs) that are not held by the Department of Education (ED). (Currently, payments and interest are suspended through this period on certain Federal Direct Loans and FFELs held by ED.) Specifically, ED must (1) enter into agreements with eligible lenders and guaranty agencies to reduce the interest rate to 0% on FFELs, and (2) make monthly payments to lenders and guaranty agencies to offset the cost of the reduced interest rate. A lender or guaranty agency that enters into an agreement with ED must (1) temporarily waive interest and suspend all payments due from borrowers through September 30, 2020; (2) suspend all involuntary collections; (3) notify borrowers, within 15 days, that their loan payments have been suspended and interest has been waived; and (4) carry out a program, beginning on August 1, 2020, to provide not fewer than six notices to borrowers that normal payment obligations will resume. Additionally, ED must deem each month for which a loan payment was suspended as if the borrower of the loan had made a payment for the purpose of any authorized loan forgiveness program or loan rehabilitation program. Finally, ED must ensure that any suspended payment on such a loan is treated as a regularly scheduled payment made by a borrower for the purpose of reporting information about the loan to a consumer reporting agency.
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 (2)
2020 · fourth_quarter · Education
Monitor federal student loan servicing proposals; H.R. 4674, the College Affordability Act; and Higher Education Act reauthorization proposals; educate Members on student loans proposals in coronavirus relief proposals; advocate for H.R. 6597, the Equity in Student Loan Relief Act; monitor provisions included in H.R. 6395, the National Defense Authorization Act for Fiscal Year 2021, related to student loan forgiveness.
Client expense: Not reported · Firm income: $50,000
Referred to the House Committee on Education and Labor.
Introduced in House
Congress.gov source codes: 1000, Intro-H
Bills with similar content found using semantic analysis.
Sources: Congress.gov
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2020 · third_quarter · Education
Monitor federal student loan servicing proposals; H.R. 4674, the College Affordability Act; and Higher Education Act reauthorization proposals; educate Members on student loans proposals in H.R. 6800, the HEROES Act, and H.R. 925, the Heroes Act (revised); advocate for H.R. 6597, the Equity in Student Loan Relief Act; monitor provisions included in H.R. 6395, the National Defense Authorization Act for Fiscal Year 2021, related to student loan forgiveness.
Client expense: Not reported · Firm income: $50,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2020 · third_quarter · Education
H.R. 6720, Student Loan Forgiveness for Frontline Health Workers Act H.R. 2431/S. 2500; Mental Health Professionals Workforce Shortage Loan Repayment Act H.R. 1109/S. 1122; Mental Health Services for Students Act H.R. 6563/S. 3690, Emergency Educational Connections Act H.R. 6814/S. 3701, Supporting Connectivity for Higher Education Students in Need Act H.R. 6597, Equity in Student Loan Relief Act H.R. 7294, COVID-19 Perkins Loan Relief Act H.R. 7449/S.4141, Bank on Students Coronavirus Emergency Loan Refinancing Act H.R. 7761, Protecting Access to Loan Forgiveness for Public Servants During the COVID-19 Pandemic Act H.R. 7859, Strengthening Behavioral Health Supports for Schools Act H.R.8136, Trauma-Informed Investigation Act School and campus-based mental health services in additional COVID-related stimulus legislation Increased funding for FCCs E-Rate program for remote learning purposes Social and emotional learning and other teaching and learning needs resulting from COVID-19 H.R. 2599/H.R. 7293//S. 2492 Suicide Training and Awareness Nationally Delivered for Universal Prevention (STANDUP) Act H.R. 4564, Suicide Prevention Lifeline Improvement Act H.R. 4585, Campaign to Prevent Suicide Act H.R. 5619, Suicide Prevention Act H.R. 4861/S. 3006, Effective Suicide Screening and Assessment to the Emergency Department Act Draft Legislation - School Climate and Restorative Practices Act
Client expense: $280,000 · Firm income: Not reported
Government targets: Agriculture, Dept of (USDA), Commerce, Dept of (DOC), Defense, Dept of (DOD), Education, Dept of, HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Justice, Dept of (DOJ), Labor, Dept of (DOL), Natl Science Foundation (NSF), Natl Security Agency (NSA), SENATE, Veterans Affairs, Dept of (VA)
2020 · second_quarter · Education
Monitor federal student loan servicing proposals; H.R. 4674, the College Affordability Act; and Higher Education Act reauthorization proposals; educate Members on student loans proposals in H.R. 6800, the HEROES Act; advocate for H.R. 6597, the Equity in Student Loan Relief Act.
Client expense: Not reported · Firm income: $50,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2020 · second_quarter · Education
H.R. 6720, Student Loan Forgiveness for Frontline Health Workers Act H.R. 2431/S. 2500; Mental Health Professionals Workforce Shortage Loan Repayment Act H.R. 1109/S. 1122; Mental Health Services for Students Act H.R. 6563/S. 3690, Emergency Educational Connections Act H.R. 6814/S. 3701, Supporting Connectivity for Higher Education Students in Need Act H.R. 6597, Equity in Student Loan Relief Act H.R. 7294, COVID-19 Perkins Loan Relief Act H.R. 6699, Opportunities for Heroes Act H.R. 4674; College Affordability Act H.R. 5325; Ending PUSHOUT Act Public Service Loan Forgiveness (PSLF) Program Campus Sexual Assault legislation School and campus-based mental health services in additional COVID-related stimulus legislation H.R. 2958, S. 1642; Increasing Access to Mental Health in Schools Act H.R. 2599/S. 2492 Suicide Training and Awareness Nationally Delivered for Universal Prevention (STANDUP) Act
Client expense: $320,000 · Firm income: Not reported
Government targets: Agency for Healthcare Research & Quality (AHRQ), Agriculture, Dept of (USDA), Commerce, Dept of (DOC), Defense, Dept of (DOD), Education, Dept of, Food & Drug Administration (FDA), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Justice, Dept of (DOJ), Labor, Dept of (DOL), Natl Institutes of Health (NIH), Natl Science Foundation (NSF), Natl Security Agency (NSA), Office of Natl Drug Control Policy (NDCP), SENATE, Veterans Affairs, Dept of (VA)
| Democratic |
| NC |
| Anthony Brindisi | Democratic | NY |
| Bennie G. Thompson | Democratic | MS |
| Bill Foster | Democratic | IL |
| Bonnie Watson Coleman | Democratic | NJ |
| Brian K. Fitzpatrick | Republican | PA |
| Conor Lamb | Democratic | PA |
| Cynthia Axne | Democratic | IA |
| David Loebsack | Democratic | IA |
| Jahana Hayes | Democratic | CT |
| James A. Himes | Democratic | CT |
| John Katko | Republican | NY |
| Josh Gottheimer | Democratic | NJ |
| Josh Harder | Democratic | CA |
| Katie Porter | Democratic | CA |
| Lloyd Smucker | Republican | PA |
| Lori Trahan | Democratic | MA |
| Lucy McBath | Democratic | GA |
| Mac Thornberry | Republican | TX |
| Marcia L. Fudge | Democratic | OH |
| Matt Cartwright | Democratic | PA |
| Peter Welch | Democratic | VT |
| Ron Wright | Republican | TX |
| Sheila Jackson Lee | Democratic | TX |
| Susan Wild | Democratic | PA |
| Susie Lee | Democratic | NV |