Loading…
Savings Opportunity and Affordable Repayment Act
Legislative Progress
Momentum (last 30 days)
0
score
0 actions · 0 new cosponsors · 0 votes
Speed vs cohort
0pct
0d open
vs 5,674 other S bills in the 119th — cohort avg 32d
Savings Opportunity and Affordable Repayment Act This bill creates a new income-driven repayment plan for student loans called the Savings Opportunity and Affordable Repayment (SOAR) plan. The SOAR plan has similar provisions to, but further expands on, the Department of Education's (ED's) final rule published on July 10, 2023, that created the Saving on a Valuable Education (SAVE) plan. The SAVE plan was blocked by federal courts. The bill directs ED to carry out a SOAR plan program that complies with specified requirements. The bill allows all federal student loan types to be eligible for repayment under the SOAR plan, including Parent PLUS Loans and Federal Family Education Loans. Under the SOAR plan, a federal student loan borrower whose income is at or below 250% of the federal poverty level (FPL) has $0 monthly payments. A borrower whose income is over 250% of the FPL pays 5% of their discretionary income on loans obtained for undergraduate study and 10% of their discretionary income for all other outstanding loans (e.g., loans obtained for graduate study). Additionally, under the SOAR plan, holders of eligible federal student loans (e.g., ED or private lenders) must apply 50% of the borrower's monthly payment toward outstanding principal. The other 50% must be applied in the following order: (1) accrued charges and collection costs on the loan, (2) outstanding interest, and (3) outstanding principal. ED must forgive any loan balance that remains outstanding after a specified maximum repayment period (e.g., 10 years or 15 years).
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)
2026 · third_quarter · Education
Public Law 119-21, To provide for reconciliation pursuant to title II of H. Con. Res. 14, and corresponding regulatory actions, including but not limited to Federal student aid and loan changes (including income-driven repayment plans, PSLF-qualifying loans, and definition of "professional" program); Higher education regulatory changes (including the gainful employment and borrower defense rules); Private school tuition tax voucher; and Proposals to expand Pell Grants to short-term programs. S.1748, Kids Online Safety Act (KOSA), Entirety Child Care, Head Start workforce issues, Head Start and Pre-Kindergarten, generally Artificial Intelligence, Education and workforce related issues S.836, Children and Teens Online Privacy Protection Act (COPPA 2.0), Entirety Immigration enforcement in and around schools H.R.6574, Loan Equity for Advanced Professionals Act H.R.6677, Professional Degree Restoration Act H.R.9289/S.4297, Keep Public Funds in Public Schools Act Literacy and the science of reading, including H.R.7890, Science of Reading Act and S.4689, READ Act Accreditation for institutions of higher education, including through Department of Education rulemaking S.278, Kids Off Social Media Act Student loan relief and repayment provisions generally, including default and debt collection H.R.8800/S.4784, National Defense Authorization Act for Fiscal Year 2027, Amend.26-Private school voucher amendment; Civil Rights; Artificial Intelligence; and Monitor the following: Amend.41-Collective Bargaining; Amendments#18,#19,#20 - LGBTQUIA; and Section 815 and Executive Order #14372 Prioritizing the Warfighter in Defense Contracting. Predatory practices in higher education, generally H.R.8475/S.1220, Savings Opportunity and Affordable Repayment (SOAR) Act H.R.7892/S.4428, No Aid for Ghost Students Act of 2026 H.R.4658/S.3371, Protecting Students from Worthless Degrees Act Full-Service Community Schools Expansion Act Climate Change Education Act Teaching with Technology Act OSERS and OCR Inter Agency Agreement related issues Computer Science Education Act Safe Water for Schools Act AI Education and Workforce Readiness Act K-12 AI Literacy and Readiness Act H.R.4986, Parents Opt-in Protection Act UNPLUGGED Schools Grant Act School Staff Workforce related issues including staff shortages, teacher diversity, teacher preparation and tutoring services, teacher apprenticeship; and Grow Your Own Initiative, pausing of Federal grants on these topics Paraprofessionals and teacher pay Quality Educator Partnership Act H.R.10562, Students Not Profits Act S.3589, Respond, Innovate, Succeed, and Empower H.R.10596, Safe Water for Schools Act H.R.10427, MAGNET Act (RISE Act) S.3010, 21st Century Dyslexia Act H.R.8045, Student Loan Interest Elimination Act Higher education program integrity generally, including the Gainful Employment regulation H.R.9469, Outcomes-Based Financing (OBF) for Students Act H.R.730, Mathematical and Statistical Modeling Education Act S.5456, Stop Social Security Garnishment Act of 2026 H.R.10518/S.5431, Diversify Act S.5634, Supporting Providers of English Language Learning (SPELL) Act H.R.10206, Restoring Opportunity for Advanced Education Act H.R.10436, Reaching English Learners Act H.R.10437, FLUENT Act H.R.10438, SYLLABLE Act of 2026 S.4097, State-Based Education Loan Awareness Act H.R.10551, Public Service Educational Assistance Act H.R.10562, Students Not Profits Act of 2026 A bill to amend the Higher Education Act of 1965 to cap interest rates on new Federal student loans at 2 percent and establish a refinancing process for existing loans, to amend the Internal Revenue Code of 1986 to increase the limitation with respect to the American Opportunity Tax Credit, and for other purposes (draft bill) H.R.10612/S.5559, BASIC Act School voucher tax credit (education freedom tax credit) as established by PL.119-21 Quality Education Partnership Act (draft bill) Career and Technical Education (CTE) programs, Promoting Skilled Trades, Draft legislation Career and Technical Education (CTE), Teacher recruitment and credentialing Perkins funding related issues Pesticide near schools environmental issues K-12 Education, generally Public Law 119-60, National Defense Authorization FY2026, DOD Education Activity schools in Europe South region Department of Education, Existence and organization, generally and as follows: H.R.9602, Less Bureaucracy, Better International Foreign Gift Transparency Act H.R.9603, Less Bureaucracy, Better International Education Oversight Act H.R.9604, Less Bureaucracy, Better Tribal Education Act H.R.9605, Less Bureaucracy, Better Foreign Medical Accreditation Act H.R.9606, Less Bureaucracy, Better Child Care for Student Parents Act H.R.9607, Less Bureaucracy, Better Workforce Development Act H.R.9608, Less Bureaucracy, Better Family Engagement Act H.R.9609, Less Bureaucracy, Better Student Aid Act H.R.9610, Less Bureaucracy, Better K-12 Education Act H.R.9611, Less Bureaucracy, Better Higher Education Act H.R.2333, Protecting Students with Disabilities Act H.R.433, Department of Education Protection Act S.5038, Special Education Administration Protection Act H.R.10232/S.5046, A bill to prohibit the transfer of certain offices and functions of the Department of Education to other Federal agencies, and for other purposes. Monitor the following: H.R.28/S.9, Protecting Women and Girls in Sports Act of 2025 Postsecondary Student Success Grants (College completion) and funding Antisemitism in educational settings, including S.558, Antisemitism Awareness Act of 2025 Trump Administration Compact for Academic Excellence in Higher Education Executive Order 14279-Reforming Accreditation To Strengthen Higher Education, Accreditation related issues H.R.8476, No Antisemitism in Education Act of 2026 S.1558, Understanding the True Cost of College Act H.R.6392/S.3747, Home School Graduation Recognition Act Career and Technical Education related issues Higher Education negotiated rulemaking generally, including on Public Service Loan Forgiveness and implementation of Public Law 119-21, One Big Beautiful Bill Act related provisions Unionization of higher education faculty and staff, generally Social Media and Platform Accountability related issues S.4261, Preventing Youth Homelessness Demonstration Act H.R.8978, Enhancing Mental Health and Suicide Prevention Through Campus Planning Act H.R.8979, Elementary and Secondary School Counseling Act H.R.4120/S.4468, Supporting the Mental Health of Educators and Staff Act H.R.8606, CHARTER Act The DC voucher program/SOAR Act FY2027 funding and policy provisions H.R.7891, Student Aid Fraud Oversight and Accountability Act of 2026 H.R.7893, FAFSA Verification Efficiency Act H.J.Res.189, CRA relating to ED regulations relating to "Reimagining and Improving Student Education-Federal Student Loan Program Final Regulations" (RISE) LIFT AI Act Screen-time Management And Recommendations for Teens (SMART) and Kids Act Higher Education and AI issues Get Toxic Substances Out of Schools Act Green Ribbon Act Phone free schools issues, generally S.2481, Pay Teachers Act, Entirety H.R.7032/S.2451, Pay Para Professional and Support Staff Act, Entirety Reviving Americas Schoolyards Act H.R.9203, Student Protection and University Accountability Act H.R.4795, Protect Economic and Academic Freedom Act of 2025 Accountability in Higher Education and Access through Demand-driven Workforce Pell (AHEAD) related issues H.R.7340, Rebuild Americas Schools Act H.R.8676, REFRESH ACT Paraprofessional workforce data collection Secretary McMahon impeachment resolution H.R.7726, the Stop Child Care Scams Act of 2026 National Science Foundation, Proposal/Award Information Guidance Environmental Protection Agency, Legacy Users and Associated Disposals of Asbestos Nuclear Regulatory Commission, Proposed Rule on Reforming and Modernizing the NRC's Radiation Protection Framework Contact Equity Assistance Center program regulations H.R.8975/S.4579, All Students Count Act of 2026, Asian American, Native Hawaiian, and Pacific Islander (AANHPI) issues
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Introduced in Senate
Bills with similar content found using semantic analysis.
Sources: Congress.gov
Client expense: $420,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2026 · second_quarter · Education
Public Law 119-21, To provide for reconciliation pursuant to title II of H. Con. Res. 14, and corresponding regulatory actions, including but not limited to Federal student aid and loan changes (including income-driven repayment plans, PSLF-qualifying loans, and definition of "professional" program); Higher education regulatory changes (including the gainful employment and borrower defense rules); Private school tuition tax voucher; and Proposals to expand Pell Grants to short-term programs. S.1748, Kids Online Safety Act (KOSA), Entirety Child Care, Head Start workforce issues, Head Start and Pre-Kindergarten, generally Artificial Intelligence, Education and workforce related issues S.836, Children and Teens Online Privacy Protection Act (COPPA 2.0), Entirety Immigration enforcement in and around schools Higher Education negotiated rulemaking generally, including on Public Service Loan Forgiveness and implementation of Public Law 119-21, One Big Beautiful Bill Act related provisions Department of Education, Existence and organization, including Office of English Language Acquisition interagency agreements H.R.6574, Loan Equity for Advanced Professionals Act H.R.6677, Professional Degree Restoration Act H.R.9289/S.4297, Keep Public Funds in Public Schools Act S.4269, Restoring College Access and Affordability Act Literacy and the science of reading, including H.R.7890, Science of Reading Act and S.4689, READ Act Unionization of higher education faculty and staff, generally Accreditation for institutions of higher education H.J.Res.155/S.J.Res.182, Congressional Review Act disapproval resolution relating to Public Service Loan Forgiveness regulations Social Media and Platform Accountability related issues S.278, Kids Off Social Media Act S.4261, Preventing Youth Homelessness Demonstration Act H.R. 8978, Enhancing Mental Health and Suicide Prevention Through Campus Planning Act H.R.8979 Elementary and Secondary School Counseling Act S.4468/H.R.4120 Supporting the Mental Health of Educators and Staff Act H.R.8606, CHARTER Act H.R. 9320, All in for Attendance Act H.R.8676, REFRESH Act Student loan relief and repayment provisions generally, including default and debt collection The DC voucher program/SOAR Act FY2027 funding and policy provisions H.R.8800, Amd.26, National Defense Authorization Act for Fiscal Year 2027, private school voucher amendment Predatory practices in higher education, generally H.R.8351, Clean Slate Through Repayment Act of 2026 H.R.8356, Clean Slate Through Consolidation Act H.R.8361, Clean Slate Through Rehabilitation Act H.R.8475/S.1220, Savings Opportunity and Affordable Repayment (SOAR) Act H.R.7891, Student Aid Fraud Oversight and Accountability Act of 2026 H.R.7892, No Aid for Ghost Students Act of 2026 H.R.7893, FAFSA Verification Efficiency Act H.J.Res.189, CRA relating to ED regulations relating to "Reimagining and Improving Student Education-Federal Student Loan Program Final Regulations" (RISE) Dual-enrollment policies, generally H.R.9166, Student Loan Refinancing Act of 2026 Public Service Loan Forgiveness Inclusion Act Protecting Students from Worthless Degrees Act H.R.2555, Freedom of Association in Higher Education Act of 2025 Paraprofessional workforce data collection Reviving Americas Schoolyards Act Full-Service Community Schools Expansion Act Climate Change Education Act LIFT AI Act All in for Attendance Act Screen-time Management And Recommendations for Teens (SMART) and Kids Act Higher Education and AI issues Teaching with Technology Act Get Toxic Substances Out of Schools Act Green Ribbon Act Advanced Coursework Equity Act Phone free schools issues, generally Secretary McMahon impeachment resolution OSERS and OCR Inter Agency Agreement related issues School Staff Workforce related issues including staff shortages, teacher diversity, teacher preparation and tutoring services, teacher apprenticeship; and Grow Your Own Initiative, pausing of Federal grants on these topics Paraprofessionals and teacher pay S.2481, Pay Teachers Act, Entirety H.R.7032/S.2451, Pay Para Professional and Support Staff Act, Entirety Monitor the following: H.R.28/S.9, Protecting Women and Girls in Sports Act of 2025 Postsecondary Student Success Grants (College completion) and funding H.R.6718 Professional Student Degree Act Pesticide near schools environmental issues Antisemitism in educational settings, including S.558, Antisemitism Awareness Act of 2025 Public Law 119-60, National Defense Authorization FY2026, DOD Education Activity schools in Europe South region Trump Administration Compact for Academic Excellence in Higher Education Executive Order 14279-Reforming Accreditation To Strengthen Higher Education, Accreditation related issues U.S. Department of Education, including the Office of Special Education and Rehabilitative Services (OSERS) and its component Rehabilitation Services Administration (RSA) and Office of Special Education (OSEP) related issues H.R.9203, Student Protection and University Accountability Act H.R.4795, Protect Economic and Academic Freedom Act of 2025 H.R.5505, Equal Campus Access Act of 2025, Entirety H.R.8476, No Antisemitism in Education Act of 2026 S.3010, 21st Century Dyslexia Act S.3589, Respond, Innovate, Succeed, and Empower Act (RISE Act) Students Not Profits Act (not yet introduced) S.1558, Understanding the True Cost of College Act H.R.6392/S.3747, Home School Graduation Recognition Act Career-Tech Education, Experiment learning H.R. 7340, Rebuild Americas Schools Act Career and Technical Education related issues H.R.5084, Teacher Loan Forgiveness Enhancement Act H.R.7726, the Stop Child Care Scams Act of 2026 H.R.8872, the Preventing Waste, Fraud, and Abuse in TANF Act Bilingual and dual-language education programs; and English language learners (ELLs) issues Accountability in Higher Education and Access through Demand-driven Workforce Pell (AHEAD) related issues
Client expense: $410,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2025 · second_quarter · Education
H.R.1, One Big Beautiful Bill Act, including but not limited to Federal student aid, student loan changes (including income-driven repayment plans); Higher education regulatory changes (including the gainful employment and borrower defense rules); Private school tuition tax voucher; and Proposals to expand Pell Grants to short-term programs including S.383, Jumpstarting Our Businesses by Supporting Students (JOBS) Act of 2025. Private school vouchers including H.R.833/S.292, Educational Choice for Children Act of 2025 Kids Online Safety Act (KOSA), Entirety Child Care, Head Start workforce issues, Head Start and Pre-Kindergarten, generally Artificial Intelligence, Education and workforce related issues Social Media and Platform Accountability related issues S.836, Children and Teens Online Privacy Protection Act (COPPA 2.0), Entirety S.1220, Savings Opportunity and Affordable Repayment Act Career and Technical Education related issues Full Service Community Schools Expansion Act, Entirety Department of Education, Existence and organization, including regarding the Office of English Language Acquisition (OELA) S.278, Kids Off Social Media Act Pesticide near schools environmental issues S.Res.158, Paraprofessionals and education support staff Bill of Rights resolution Protection Public Education School Staff Workforce related issues including staff shortages, teacher diversity, teacher preparation and tutoring services, teacher apprenticeship; and Grow Your Own Initiative, pausing of Federal grants on these topics Paraprofessionals and teacher pay School staff working conditions, pay, shortages, respect, benefits H.R.2598/S.1277, IDEA Full Funding Act S.558, Antisemitism Awareness Act of 2025 S.163, Protecting Students on Campus Act of 2025 H.R.3939, Respond Innovate, Succeed and Empoer (RISE) Act H.R.4026/S.2107, POST Act of 2025 H.R.4253, Expanding Access to Mental Health Services in Schools Act The Fentanyl Awareness for Children and Teens in schools (FACTS) Act Pride in Mental Health Act Phone Free Schools issues generally H.R.1383/S.356, Secure Rural Schools Reauthorization Act of 2025, Entirety Teaching Asian American, Native Hawaiian, and Pacific Islander (AANHPI) History Act H.R.4085, Haskell Indian Nations University Improvement Act, Entirety H.R.3838, Streamlining Procurement for Effective Execution and Delivery Act of 2025, National Defense Authorization FY2026, Voucher related amendments; and DOD Education Activity schools in Europe South region Dismantling Department of Education Monitor the following: Student loan relief provisions generally, including debt cancellation Online program management companies, role in higher education and compliance with incentive compensation ban Indoor Air Quality and Healthy Schools Act Borrower defense rule issues Public Service Loan Forgiveness (PSLF), Improvements and generally H.Res.94, Expressing support for the Nations local public K-12 schools and Department of Education STOP Bullying Act (draft) Department of Education funding generally Diversity Equity and Inclusion Parental and Family Engagement related issues H.R.28/S.9, Protecting Women and Girls in Sports Act of 2025 Artificial Intelligence Education Act School Bus related issues Change of ownership (institutions of higher education), including ongoing University of Phoenix-University of Idaho transaction Public Law 117-169, Inflation Reduction Act, Direct Pay Postsecondary Student Success Grants (College completion) and funding The DC voucher program/SOAR Act FY2025 and FY2026 funding and policy provisions Get Toxic Substances Out of Schools Act, Entirety Education equity issues H.R.5484/S.2822, Green Ribbon Act of 2023, Entirety
Client expense: $460,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
| Independent |
| VT |
| Charles E. Schumer | Democratic | NY |
| Chris Van Hollen | Democratic | MD |
| Cory A. Booker | Democratic | NJ |
| Edward J. Markey | Democratic | MA |
| Elizabeth Warren | Democratic | MA |
| Kirsten E. Gillibrand | Democratic | NY |
| Mazie K. Hirono | Democratic | HI |
| Peter Welch | Democratic | VT |
| Richard Blumenthal | Democratic | CT |
| Ron Wyden | Democratic | OR |
| Tammy Duckworth | Democratic | IL |
| Tim Kaine | Democratic | VA |
| Tina Smith | Democratic | MN |