#aaeth ,,congress #ast ,session ,s4 #afge ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,july #ca1 #bjag ,mr4 ,blunt 7for himself1 ,ms4 ,warren1 ,mr4 ,lankford1 and ,mrs4 ,shaheen7 introduced the following bill2 which was read twice and referred to the ,committee on ,health1 ,education1 ,labor1 and ,pensions ,a ,,bill ,to promote quality student loan servicing by improving the borrower experience for borrowers of ,federal ,direct ,loans4 #a4 ,short title ,this ,act may be cited as the ,student ,loan ,servicer ,performance ,accountability ,act4 #b4 ,competition in student loan servicing 7a7 ,cancellation of solicitations ,the ,secretary of ,education shall cancel the ,department of ,education solicitations for the ,federal ,aid ,servicing ,solution dated ,april #d1 #bjaf and ,october #bf1 #bjaf1 including any amendments to those solicitations 7,solicitation ,no4 ,,ed-,,fsa-#ag-,r-#jjja et seq74 7b7 ,competition in student loan servicing ,section #def of the ,higher ,education ,act of #aife 7#bj ,u4,s4,c4 #ajhg;f7 is amended by adding at the end the following3 7c7 ,competition in student loan servicing 7#a7 ,competition ,as of the date of enactment of the ,student ,loan ,servicer ,performance ,accountability ,act1 in order to promote accountability and high-quality services to borrowers1 the ,secretary shall not issue any contract solicitation for a new ,federal student loan servicing solution unless such a solution-- 7,a7 provides for the participation of multiple student loan servicers that contract directly with the ,department of ,education2 and 7,b7 allocates student loan borrower accounts to eligible student loan servicers based on performance4 7#b7 ,prohibition ,the ,secretary shall not award a contract to a single servicer to service all ,federal ,direct ,loans4 4