Summary: H.R.3448 — 116th Congress (2019-2020)All Information (Except Text)

There is one summary for H.R.3448. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (06/24/2019)

Student Debt Cancellation Act of 2019

This bill requires the Department of Education to (1) forgive the outstanding balance of interest and principal due on all Federal Family Education Loans, Federal Direct Loans, and Perkins Loans, including parent loans, consolidation loans, and certain grants treated as loans; and (2) purchase and forgive the outstanding balance of interest and principal due on private student loans.