H.R. 5549 · 115th Congress
Helping Individuals Get a Higher Education while Reducing Education Debt Act
- Stage
- In committee
- Sponsor
- Peter DeFazio
- Introduced
- 2018-04-18
- Latest action
- 2018-05-22 · Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.
Summary
Helping Individuals Get a Higher Education while Reducing Education Debt Act or the HIGHER ED Act
This bill assists certain student borrowers with reducing their debt for higher education. Among other things, the bill allows existing public and private students loans to be refinanced into federal loans, broadly changes loan terms, such as repayment and interest for student loans, authorizes graduate and professional students to receive subsidized Stafford Loans, and makes federal student loans dischargeable in bankruptcy proceedings.