,i  #aag? ,,congress  #b;d ,session  ,h4
 ,r4 #hdif  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,july #bf1 #bjbb,mr4  
,gro?man introduc$ ! foll[+ bill2 :i* 0 
ref]r$ to ! ,committee on ,education &  
,labor1 & 9 addition to ! ,committee on 
,en]gy & ,comm]ce1 = 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 prohibit !      
,secret>y ( ,education1 ! ,secret>y ( ! 
,treasury1 & ! ,attorney ,g5]al f       
cancell+ /ud5t loans except z           
specifically au?oriz$ by law4  #a4 ,%ort
 title ,?is ,act may be cit$ z !        
,fairness = ,responsible ,borr[]s ,act4 
#b4 ,f9d+s ,congress f9ds ! foll[+3 7#a7
 ,! executive bran* does n h ! /atutory 
au?ority to cancel /ud5t loans on a l>ge
 scale4  7#b7 ,/ud5t loan =giv5ess is   
unfair to ^? :o h already paid (f _!    
loans & to ^? :o did n att5d college4   
7#c7 ,/ud5t loan =giv5ess is inh]5tly   
regressive & w\ld disproportionately    

b5efit upp]-class ,am]icans4  7#d7 ,an  
und]graduate degree is by no means !    
only option = a successful c>e] pa?4    
7#e7 ,community & te*nical colleges are 
a fanta/ic way = /ud5ts to le>n a       
valuable skill set )\t tak+ on a l>ge   
debt burd54  #c4 ,prohibition on mass   
cancellation ( /ud5t loans  7a7         
,prohibition  7#a7 ,9 g5]al ,not)/&+ any
 o!r provision ( law1 ! ,secret>y (     
,education1 ! ,secret>y ( ! ,treasury1  
or ! ,attorney ,g5]al %all n take any   
action to cancel or =give ! out/&+      
balances1 or portion ( balances1 ( cov]$
 loans1 except z provid$ 9 p>agraph     
7#b74  7#b7 ,exemption ,! prohibition   
describ$ 9 p>agraph 7#a7 %all n apply to
 t>get$ ,f$]al /ud5t loan =giv5ess1     
cancellation1 or repaym5t programs c>ri$
 out "u ! ,high] ,education ,act ( #aife
 7#bj ,u4,s4,c4 #ajja et seq474  7b7    
,def9itions ,9 ?is section1 ! t]m cov]$ 
loan means-- 7#a7 a loan made1 insur$1  
or gu>ante$ "u "p ,b1 ,d1 or ,e ( title 
,,iv ( ! ,high] ,education ,act ( #aife 

7#bj ,u4,s4,c4 #ajga et seq42 #ajhg;a et
 seq42 #ajhg;aa et seq47 be=e1 on1 or   
aft] ! date ( enactm5t ( ?is ,act2 or   
7#b7 a loan "u ! ,heal? ,education      
,assi/ance ,loan ,program "u title ,,vii
 ( ! ,public ,heal? ,s]vice ,act 7#db   
,u4,s4,c4 #bib et seq47 made be=e1 on1  
or aft] ! date ( enactm5t ( ?is ,act4   
7c7 ,limitation ,! ,secret>y (          
,education1 ! ,secret>y ( ! ,treasury1  
or ! ,attorney ,g5]al may n implem5t1 or
 publi% 9 any =m1 any regulation1 or    
take any action1 t modifies1 alt]s1     
am5ds1 cancels1 dis*>ges1 =gives1 or    
def]s ! repaym5t ( any /ud5t debt n     
expressly p]mitt$ )9 /atute or          
regulation1 reg>d+ cov]$ loans1 except  
to ! ext5t t su* regulation or action   
reflects ! cle> & unequivocal int5t (   
,congress 9 legislation4