Summary: H.R.5287 — 116th Congress (2019-2020)All Information (Except Text)

There is one summary for H.R.5287. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (12/03/2019)

Fair Student Loan Debt Collection Practices Act

This bill prohibits a debt collector from collecting on federal student loan debt owed by a borrower earning under a certain income. Specifically, a federal student loan debt collector may not attempt to collect if a borrower would qualify for a zero-dollar payment under an income-driven repayment plan. Additionally, a debt collector may not attempt to collect an amount greater than the payment the borrower would owe under such a plan.