,,ii #aafth ,,congress #b;d ,session ,s4 #ceef ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,march #bj1 #bjbj,mr4 ,romney introduced the following bill2 which was read twice and referred to the ,committee on ,health1 ,education1 ,labor1 and ,pensions ,a ,,bill ,to amend the ,higher ,education ,act of #aife to provide for deferral of loan repayment for graduates during the period of the coronavirus4 #a4 ,short title ,this ,act may be cited as the ,,covid-#ai ,graduate ,relief ,act4 #b4 ,deferral of loan repayment for graduates during the period of the coronavirus 7a7 ,in general ,part ,g of title ,,iv of the ,higher ,education ,act of #aife 7#bj ,u4,s4,c4 #ajhh et seq47 is amended by adding at the end the following3 #dic;,e4 ,deferral of loan repayment for graduates during the period of the coronavirus 7a7 ,deferral of loan repayment ,in addition to any deferral of repayment of a loan made under this title pursuant to this title1 a borrower of a loan under this title who is an eligible individual as described in subsection 7b71 shall be eligible for a deferment of such loan during the period1 not to exceed #c years1 following the date of enactment of the ,,covid-#ai ,graduate ,relief ,act4 7b7 ,eligible individual 7#a7 ,in general ,a borrower of a loan under this title is an eligible individual if the individual graduates from the eligible institution for which the individual borrowed the loan to enroll during the period beginning on ,january #a1 #bjbj1 and ending on ,december #ca1 #bjbj4 7#b7 ,extension ,the ,secretary may extend the period described in paragraph 7#a7 for additional #a-year periods1 but not later than through ,december #ca1 #bjbb1 if the ,secretary determines1 in writing1 in consultation with the ,secretary of ,labor1 the ,secretary of ,treasury1 and the ,secretary of ,health and ,human ,services1 that the anticipated economic impact of the coronavirus on graduates of eligible institutions over the relevant #a-year extension period necessitates such extension4 7#c7 ,considerations ,in making a determination regarding whether the anticipated economic impact of the coronavirus on graduates of eligible institutions necessitates an extension pursuant to paragraph 7#b71 the ,secretary shall consider-- 7,a7 whether a national emergency with respect to the coronavirus is in effect2 7,b7 relevant economic indicators1 including recent unemployment statistics from the ,bureau of ,labor ,statistics2 and 7,c7 relevant data and projections related to the transmission or seasonal recurrence of the coronavirus and any existing or anticipated measures by ,federal1 ,state1 or local governments to prevent1 prepare for1 and respond to the coronavirus4 7c7 ,coronavirus ,the term coronavirus means coronavirus as defined in section #ejf of the ,coronavirus ,preparedness and ,response ,supplemental ,appropriations ,act1 #bjbj 7,public ,law #aaf-abc74 4 7b7 ,effective date ,the amendment made by subsection 7a7 shall take effect from the period beginning on the date of enactment of this ,act until the date that is #c years after such date of enactment4