S. 2976 · 117th Congress
Student Loan Repayment Freedom Act
- Stage
- In committee
- Sponsor
- Lisa Murkowski
- Introduced
- 2021-10-07
- Latest action
- 2021-10-07 · Introduced in Senate
Summary
Student Loan Repayment Freedom Act
This bill allows a federal student loan borrower to terminate repayment under an income-based repayment plan and instead elect to repay such loan under any other repayment plan for which the borrower is eligible. Currently, a federal student loan borrower repaying under an income-based repayment plan may only change to the standard repayment plan.