H.R. 3095 · 116th Congress
Know Your Repayment Options Act
- Stage
- In committee
- Sponsor
- Eric Swalwell
- Introduced
- 2019-06-04
- Latest action
- 2019-06-04 · Introduced in House
Summary
Know Your Repayment Options Act
This bill requires the Department of Education to annually give federal student loan borrowers who have graduated or departed from school individualized loan repayment information, including monthly amounts and lifetime payment amounts, for each repayment option available to the borrowers. Borrowers may opt out of being provided this information.