H.R. 3554 · 115th Congress
SIMPLE Act
- Stage
- In committee
- Sponsor
- Suzanne Bonamici
- Introduced
- 2017-07-28
- Latest action
- 2017-07-28 · Introduced in House
Summary
Streamlining Income-driven, Manageable Payments on Loans for Education Act or the SIMPLE Act
This bill requires the Department of Education to establish and implement a process for automatically recertifying a borrowers' income to determine eligibility for a loan discharge due to permanent and total disability under the Federal Family Education Loan Program.
In addition, the bill establishes a process for enrolling a delinquent borrower in federal student loan repayment in an income-driven repayment plan.