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Titles Actions Overview All Actions Cosponsors Committees Related Bills Subjects Latest Summary All Summaries

Titles (2)

Short Titles

Short Titles - House of Representatives

Short Titles as Introduced

Student Debt Reduction Act

Official Titles

Official Titles - House of Representatives

Official Title as Introduced

To amend section 493C of the Higher Education Act of 1965 to limit student loan payments to 10 percent of discretionary income, and for other purposes.

Actions Overview (1)

Date Actions Overview
03/11/2010Introduced in House

All Actions (3)

Date All Actions
04/30/2010Referred to the Subcommittee on Higher Education, Lifelong Learning, and Competitiveness.
Action By: Committee on Education and Labor
03/11/2010Referred to the House Committee on Education and Labor.
Action By: House of Representatives
03/11/2010Introduced in House
Action By: House of Representatives

Cosponsors (0)

No cosponsors.

Committees (1)

Committees, subcommittees and links to reports associated with this bill are listed here, as well as the nature and date of committee activity and Congressional report number.

Committee / Subcommittee Date Activity Reports
House Education and Labor03/11/2010 Referred to
House Education and Labor Subcommittee on Higher Education, Lifelong Learning, and Competitiveness04/30/2010 Referred to

No related bill information was received for H.R.4834.

Subjects (5)

Latest Summary (1)

There is one summary for H.R.4834. View summaries

Shown Here:
Introduced in House (03/11/2010)

Student Debt Reduction Act - Amends the Higher Education Act of 1965 to cap annual, income-based, student loan repayments under the Federal Family Education Loan and Direct Loan programs at 10% (currently, 15%) of the amount by which a borrower's and the borrower's spouse's adjusted gross income exceeds 150% of the poverty line.

Requires the Secretary of Education to cancel or repay such loans after 20 (currently, 25) years.