HOUSE 6809118th CongressReferred to the House Committee on Education and the Workforce.
Parent PLUS Loan Fairness and Responsibility Act of 2023
- Last Action
- 12/14/2023
Actions
- 2023-12-14Referred to the House Committee on Education and the Workforce.
- 2023-12-14Introduced in House
- 2023-12-14Introduced in House
CRS Summary
As of 2023-12-14 (00)
Parent PLUS Loan Fairness and Responsibility Act of 2023
This bill allows parent borrowers to transfer their parent PLUS loans to their child under certain circumstances. Among other requirements for a transfer, the child must demonstrate the ability to repay the loan, as determined by the Department of Education. Additionally, the bill makes these transferred loans eligible for income-driven repayment plans.
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.