,i  #aac? ,,congress  #b;d ,session  ,h4
 ,r4 #chib  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,janu>y #ae1 #bjad,ms4
 ,wilson ( ,florida 7= h]self1 ,ms4     
,br[n ( ,florida1 ,mr4 ,ru%1 & ,ms4     
,norton7 introduc$ ! foll[+ bill2 :i* 0 
ref]r$ to ! ,committee on ,education & !
 ,work=ce1 & 9 addition to ! ,committees
 on ,ways & ,means1 ! ,judici>y1 &      
,ov]sight & ,gov]nm5t ,re=m1 = a p]iod  
to be subsequ5tly det]m9$ by ! ,speak]1 
9 ea* case = consid]ation ( su*         
provisions z fall )9 ! jurisdiction ( ! 
committee conc]n$  ,a ,,bill  ,to       
e/abli% /ud5t loan borr[]s' rights to   
basic consum] protections1 reasonable & 
flexible repaym5t options1 access to    
e>n$ cr$5tials1 & effective loan        
cancellation 9 ex*ange = public s]vice1 
& = o!r purposes4  #a4 ,%ort title ,?is 
,act may be cit$ z ! ,/ud5t ,loan       
,borr[]s' ,bill ( ,rights ,act ( #bjac4 
,i ,borr[]s' ,"r to ,basic ,consum]     
,protections  #aja4 ,dis*>geability (   
/ud5t loans 9 bankruptcy cases ,section 

#ebc7;a7 ( title #aa ( ! ,unit$ ,/ates  
,code is am5d$-- 7#a7 by /rik+ p>agraph 
7#h72 &  7#b7 by r$esignat+ p>agraphs   
7#i7 ?r\gh 7#ai7 z p>agraphs 7#h7 ?r\gh 
7#ah74  #ajb4 ,re9/atem5t ( ! #f-ye>    
,/atute ( ,limitations = /ud5t loans    
,subsection 7a7 ( section #dhd;,a ( !   
,high] ,education ,act ( #aife 7#bj     
,u4,s4,c4 #ajia;a7a77 is am5d$ to read z
 foll[s3  7a7 ,/atute ( limitations     
,not)/&+ any ,f$]al or ,/ate /atutory1  
regulatory1 or adm9i/rative limitation  
on ! p]iod )9 :i* debts may be en=c$--  
7#a7 an in/itution t receives funds "u  
?is title may file a suit or initiate or
 take ano!r action = collection ( a     
refund due f a /ud5t on a grant made1 or
 "w assi/ance aw>d$1 "u ?is title1 dur+ 
! #f-ye> p]iod beg9n+ on ! day aft] !   
refund fir/ became due 7exclusive (     
p]iod dur+ :i* ! ,/ate /atute (         
limitations o!rwise applicable to a suit
 "u ?is p>agraph w\ld be toll$ "u ,/ate 
law72  7#b7 a gu>anty ag5cy t has an    
agreem5t ) ! ,secret>y "u section       

#dbh7;c7 may file a suit or initiate or 
take ano!r action = collection ( ! am\nt
 due f a borr[] on a loan made "u "p ,b 
dur+ ! #f-ye> p]iod beg9n+ on ! day aft]
 su* gu>anty ag5cy reimburses ! previ\s 
hold] ( ! loan = its loss on acc\nt ( ! 
default ( ! borr[] 7exclusive ( p]iod   
dur+ :i* ! ,/ate /atute ( limitations   
o!rwise applicable to a suit "u ?is     
p>agraph w\ld be toll$ "u ,/ate law72   
7#c7 an in/itution t has an agreem5t ) !
 ,secret>y pursuant to section #dhg may 
file a suit or initiate or take ano!r   
action = collection ( ! am\nt due f a   
borr[] on a loan made "u "p ,d or ,e    
aft] ! default ( ! borr[] on su* loan   
dur+ ! #f-ye> p]iod beg9n+ on ! day aft]
 ! date ( ! default ( ! borr[] ) respect
 to su* am\nt 7exclusive ( p]iod dur+   
:i* ! ,/ate /atute ( limitations o!rwise
 applicable to a suit "u ?is p>agraph   
w\ld be toll$ "u ,/ate law72 or  7#d7 ! 
,secret>y1 ! ,attorney ,g5]al1 or !     
adm9i/rative head ( ano!r ,f$]al ag5cy1 
z ! case may be1 may file a suit or     

initiate or take ano!r action =         
collection ( a refund due f a /ud5t on a
 grant made "u ?is title1 or = !        
repaym5t ( ! am\nt due f a borr[] on a  
loan made "u ?is title t has be5 assign$
 to ! ,secret>y "u ?is title1 dur+ !    
#f-ye> p]iod beg9n+ on ! day aft] !     
refund or ! am\nt fir/ became due4  4   
#ajc4 ,prohibition ( collection ( /ud5t 
loans ?r\gh c]ta9 (fsets or ?r\gh wage  
g>ni%m5t  7a7 ,prohibition on (fset (   
social security b5efits ,section        
#cgaf7;c77#c77;,a7 ( title #ca1 ,unit$  
,/ates ,code1 is am5d$-- 7#a7 9 clause  
7i71 by /rik+ except z provid$ 9 clause 
7ii7 & ins]t+ except z provid$ 9 clauses
 7ii7 & 7iii72 &  7#b7 by add+ at ! end 
! foll[+ new clause3  7iii7 ,not)/&+    
clause 7i71 any paym5ts due to an       
individual "u ,f$]al b5efits programs   
cit$ "u clause 7i7 %all n be subject to 
(fset "u ?is subsection if ! (fset is = 
paym5ts c]tifi$ by ! ,dep>tm5t (        
,education "u a program adm9i/]$ by !   
,secret>y ( ,education "u title ,,iv ( !

 ,high] ,education ,act ( #aife 7#bj    
,u4,s4,c4 #ajgj et seq474  4  7b7       
,prohibition on (fset ( tax refund      
,section #cgbj;,a7a7 ( title #ca1 ,unit$
 ,/ates ,code1 is am5d$-- 7#a7 by /rik+ 
,any ,f$]al ag5cy & ins]t+ 7#a7 ,except 
z provid$ 9 p>agraph 7#b71 any ,f$]al   
ag5cy2 &  7#b7 by add+ at ! end ! foll[+
 new p>agraph3  7#b7 ,any pa/-due       
legally en=ceable debt ow$ by an        
individual to ! ,dep>tm5t ( ,education  
"u a program adm9i/]$ by ! ,secret>y (  
,education "u title ,,iv ( ! ,high]     
,education ,act ( #aife 7#bj ,u4,s4,c4  
#ajgj et seq47 %all n be subject to     
notification "u p>agraph 7#a71 & any    
refund ( ,f$]al taxes paid by !         
individual %all n be subject to r$uction
 "u subsection 7c7 = su* debt4  4  7c7  
,prohibition on wage g>ni%m5t ,section  
#cgbj;,d7a7 ( title #ca1 ,unit$ ,/ates  
,code1 is am5d$-- 7#a7 by /rik+ ,not)/&+
 & ins]t+3 7#a7 ,except z provid$ 9     
p>agraph 7#b7 & not)/&+2 &  7#b7 by add+
 at ! end ! foll[+ new p>agraph3  7#b7  

,any del9qu5t nontax debt ow$ by an     
individual to ! ,dep>tm5t ( ,education  
"u a program adm9i/]$ by ! ,secret>y (  
,education "u title ,,iv ( ! ,high]     
,education ,act ( #aife 7#bj ,u4,s4,c4  
#ajgj et seq47 %all n be subject to     
collection "u ?is section ?r\gh g>ni%m5t
 ( disposable pay ( ! individual4  4    
,,ii ,borr[]'s ,"r to ,reasonable &     
,flexible ,repaym5t ,options  #bja4     
,exclusion f gross income = dis*>ge (   
/ud5t loan indebt$ness  7a7 ,9 g5]al    
,p>agraph 7#a7 ( section #ajh7;f7 ( !   
,int]nal ,rev5ue ,code ( #aihf is am5d$ 
by /rik+ if su* dis*>ge & all t foll[s &
 ins]t+ a p]iod4  7b7 ,/ud5t loans      
,p>agraph 7#b7 ( section #ajh7;f7 ( su* 
,code is am5d$ by /rik+ made by-- & all 
t foll[s & ins]t+ ! foll[+3 4 ,su* t]m  
includes indebt$ness us$ to ref9ance    
indebt$ness :i* qualifies z a /ud5t loan
 "u ! prec$+ s5t5ce44  7c7 ,con=m+      
am5dm5ts ,section #ajh7;f7 ( su* ,code  
is am5d$ by /rik+ p>agraphs 7#c7 & 7#d74
  7d7 ,effective date ,! am5dm5ts made  

by ?is section %all apply to dis*>ges ( 
indebt$ness aft] ! date ( ! enactm5t (  
?is ,act4  #bjb4 #ebi plan di/ribution =
 /ud5t loan paym5ts  7a7 ,9 g5]al       
,subp>agraph 7,a7 ( section #ebi7;e77#c7
 is am5d$ by /rik+ clause 7iii7 & ins]t+
 ! foll[+ new clause3  7iii7 int]e/ or  
pr9cipal paid ) respect to a qualifi$   
education loan 7z def9$ 9 section #bba7 
) respect to a designat$ b5efici>y4  4  
7b7 ,con=m+ am5dm5ts  7#a7 ,section     
#ebi7;e77#c77;,a7 ( su* ,code is am5d$  
by /rik+ ! second s5t5ce4  7#b7 ,section
 #gb7t77#g77;,a7 ( su* ,code is am5d$ by
 ins]t+ det]m9$ )\t reg>d to subp>agraph
 7,a77iii7 !re( aft] section            
#ebi7;e77#c74  7#c7 ,section            
#ecj7;b77#b77;,a77i7 ( su* ,code is     
am5d$ by ins]t+ det]m9$ )\t reg>d to    
subp>agraph 7,a77iii7 !re( aft] section 
#ebi7;e77#c74  7c7 ,effective date ,!   
am5dm5ts made by ?is section %all apply 
to di/ributions made aft] ! date ( !    
enactm5t ( ?is ,act4  #bjc4 ,inclusion (
 ,p>5t ,,plus ,loans 9 ,repaym5t        

,programs  7a7 ,income cont+5t repaym5t 
plan ,section #dee7;d77#a77;,d7 ( !     
,high] ,education ,act ( #aife 7#bj     
,u4,s4,c4 #ajhg;e7d77#a77;,d77 is am5d$ 
by /rik+ 1 except t ! plan describ$ 9   
?is subp>agraph %all n be available to !
 borr[] ( a ,f$]al ,direct ,,plus loan  
made on behalf ( a dep5d5t /ud5t24  7b7 
,income-,bas$ repaym5t  7#a7 ,section   
#dic;,c ,section #dic;,c ( ! ,high]     
,education ,act ( #aife 7#bj ,u4,s4,c4  
#ajih;e7 is am5d$-- 7,a7 9 subsection   
7a7-- 7i7 by /rik+ ?is section & all t  
foll[s ?r\gh h>d%ip & ins]t+ ,9 ?is     
section1 ! t]m p>tial f9ancial h>d%ip2 &
  7ii7 by /rik+1 7o!r ?an an except$    
,,plus loan or except$ consolidation    
loan72  7,b7 9 subsection 7b7-- 7i7 9   
p>agraph 7#a71 by /rik+ 7o!r ?an an     
except$ ,,plus loan or except$          
consolidation loan72 &  7ii7 9 p>agraph 
7#f77;,a71 by /rik+ 7o!r ?an an except$ 
,,plus loan or except$ consolidation    
loan72 &  7,c7 9 subsection 7c71 by     
/rik+ 7o!r ?an an except$ ,,plus loan or

 except$ consolidation loan714  7#b7    
,section #dee7;d77#a77;,e7 ,section     
#dee7;d77#a77;,e7 ( su* ,act 7#bj       
,u4,s4,c4 #ajhg;e7d77#a77;,d77 is am5d$ 
by /rik+ 1 except t ! plan describ$ 9   
?is subp>agraph %all n be available to !
 borr[] ( a ,f$]al ,direct ,,plus ,loan 
made on behalf ( a dep5d5t /ud5t or a   
,f$]al ,direct ,consolidation ,loan1 if 
! proce$s ( su* loan 7 us$ to dis*>ge ! 
liability on su* ,f$]al ,direct ,,plus  
,loan or a loan "u section #dbh;,b made 
on behalf ( a dep5d5t /ud5t4  7c7 ,pay  
,z ,y ,e>n ,! income-cont+5t repaym5t   
plan 7bas$ on ! ,presid5t's ,pay ,z ,y  
,e>n repaym5t initiative7 implem5t$ 9   
p>ts #fgd1 #fhb1 & #fhe ( title #cd1    
,code ( ,f$]al ,regulations1 z am5d$ by 
! f9al regulations publi%$ by !         
,dep>tm5t ( ,education 9 ! ,f$]al       
,regi/] on ,novemb] #a1 #bjab 7#gg ,f$4 
,reg4 #ffjhh et seq471 %all be available
 to borr[]s (-- 7#a7 a ,f$]al ,direct   
,,plus loan made on behalf ( a dep5d5t  
/ud5t2 &  7#b7 a ,f$]al ,direct         

,consolidation ,loan1 ! proce$s ( :i* 7 
us$ to dis*>ge ! liability on a ,f$]al  
,direct ,,plus ,loan or a loan "u       
section #dbh;,b made on behalf ( a      
dep5d5t /ud5t4  7d7 ,loan =giv5ess =    
s]vice 9 areas ( national ne$ ,section  
#dbh,k7a77#b7 ( su* ,act 7#bj ,u4,s4,c4 
#ajgh-aa7;a77#b77 is am5d$-- 7#a7 9     
subp>agraph 7,a71 by /rik+ 7o!r ?an an  
except$ ,,plus loan or an except$       
consolidation loan 7z su* t]ms are def9$
 9 section #dic;,c7a7772 &  7#b7 9      
subp>agraph 7,b71 by /rik+ 7o!r ?an an  
except$ ,,plus loan or an except$       
consolidation loan74  #bjd4 ,det]m9ation
 ( adv]se cr$it hi/ory ,section         
#dbh;,b7a77#a77;,a7 ( ! ,high]          
,education ,act ( #aife 7#bj ,u4,s4,c4  
#ajgh-b7;a77#a77;,a77 is am5d$ by /rik+ 
regulations promulgat$ by ! ,secret>y & 
ins]t+ section #fhe4bjj7;c7 ( title #cd1
 ,code ( ,f$]al ,regulations 7z 9 effect
 on ,septemb] #cj1 #bjaa74  ,,iii       
,borr[]s' "r to a mean+ful degree  #cja4
 ,prohibition on susp5sions (           

pr(essional lic5ses = loan default ,no  
evid5ce ( an individual's default on !  
repaym5t ( a loan made1 insur$1 or      
gu>ante$ "u title ,,iv ( ! ,high]       
,education ,act ( #aife 7#bj ,u4,s4,c4  
#ajgj et seq47 may be admitt$ into      
evid5ce 9 a ,f$]al or ,/ate proce$+     
involv+ ! individual's pr(essional or   
vocational lic5se4  #cjb4 ,prohibition  
on loss ( access to transcripts = loan  
default ,section #dhg7;a7 ( ! ,high]    
,education ,act ( #aife 7#bj ,u4,s4,c4  
#ajid7;a77 7z am5d$ by section #cja7 is 
fur!r am5d$ by add+ at ! end ! foll[+   
new p>agraph3  7#ca7 7,a7 ,! in/itution 
w n prohibit a /ud5t f access+ ! /ud5t's
 transcripts1 degree scrolls1 or o!r    
c]tifications ( c\rsework or educational
 atta9m5ts at ! in/itution because !    
/ud5t is 9 default on ! repaym5t ( a    
loan made1 insur$1 or gu>ante$ "u ?is   
title4  7,b7 ,= purposes ( ?is p>agraph1
 ! t]m /ud5t includes =m] /ud5ts4  4    
,,iv ,"r to effective loan cancellation 
= borr[]s engag$ 9 public s]vice c>e]s  

#dja4 ,ext5sion ( loan cancellation =   
borr[]s employ$ 9 public s]vice jobs =  
#e ye>s ,section #dee7m7 ( ! ,high]     
,education ,act ( #aife 7#bj ,u4,s4,c4  
#ajhg;e7 is am5d$ by add+ at ! end !    
foll[+ new p>agraph3  7#e7 ,loan        
cancellation aft] #e ye>s ,beg9n+ fiscal
 ye> #bjad1 ! ,secret>y %all also cancel
 #ej p]c5t ( ! balance ( int]e/ &       
pr9cipal due on any eligible ,f$]al     
,direct ,loan n 9 default = borr[]s     
employ$ 9 a public s]vice job = #e ye>s 
dur+ ! repaym5t ( su* loans-- 7,a7 by   
apply+ p>agraph 7#a77;,a7-- 7i7 by      
sub/itut+ #fj = #abj ea* place x appe>s2
 &  7ii7 by sub/itut+ ,octob] #a1 #bjjg 
= ,octob] #a1 #bjac2 &  7,b7 by apply+  
p>agraph 7#b71 by sub/itut+ #ej p]c5t ( 
! balance ) ! balance4  4