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Search Results: keywords:"student loan repayment"

  • The bill H.R. 8944, also known as the “Financial Fitness Act,” proposes the creation of a personal finance education portal on the Department of Education's website. This portal aims to provide information on core personal finance topics such as saving, budgeting, investing,...

    Simple Explanation

    The bill wants to create a special website to teach people about money and saving, like a big online school for money that costs $5 million to make and use for four years. It aims to help everyone learn about things like saving, budgeting, and paying back student loans.

  • H.R. 1530, titled the “Veterans Benefits Improvement Act of 2023,” aims to enhance the Department of Veterans Affairs' procedures for publishing disability benefit questionnaire forms. It allows some forms to be withheld if they require Department personnel to complete them...

    Simple Explanation

    H.R. 1530 wants to make it easier for veterans to get the help they need by improving forms and services. It plans to help veterans understand who gives their medical exams, support people who help veterans, and make it easier for veterans to have their voices heard during appeals.

  • The Nursing Home Workforce Support and Expansion Act of 2024, known as H. R. 7929, aims to amend title XX of the Social Security Act to fund training grants for nursing home workers. It allows each State, as well as Indian tribes and tribal organizations, to...

    Simple Explanation

    The Nursing Home Workforce Support and Expansion Act of 2024 is like giving money to help train and support people who work in nursing homes to make sure they have the skills and tools they need for taking care of older and disabled people better. This bill sets aside a special amount of money every year to help pay for things like student loans and other supports workers need to stay in their jobs and do them well.

  • The Veterans Benefits Improvement Act of 2024 aims to enhance benefits for veterans by amending title 38 of the United States Code. It includes improvements to the publication of disability benefit forms, reimbursing veterans for travel expenses related to medical disability...

    Simple Explanation

    The Veterans Benefits Improvement Act of 2024 is a plan to give better help to veterans by making it easier for them to get benefits and support. It includes things like paying for travel to medical appointments, helping veterans with some money programs, and having more judges to help solve veterans' problems faster.

  • H.R. 9192, known as the “Streamlining Income-driven, Manageable Payments on Loans for Education Act” or the “SIMPLE Act,” proposes amendments to the Higher Education Act of 1965. The bill aims to help student loan borrowers who are delinquent or rehabilitating defaulted loans by implementing...

    Simple Explanation

    H.R. 9192 is a plan to make it easier for people who borrowed money for school to pay it back. It tries to automatically help those having trouble by using their income information to find a payment plan they can afford, but they need to know they can say no to sharing this information if they want.

  • The College Cost Reduction Act, introduced in the House of Representatives, aims to make postsecondary education more affordable for students and their families. The bill proposes measures to increase transparency in financial aid offers, redefines aid calculation and limits,...

    Simple Explanation

    The College Cost Reduction Act is a plan to make college less expensive for students and their families by clear up how financial aid works, setting limits on loans, and making sure colleges help students finish school and pay back their loans.

  • H.R. 6809, titled the "Parent PLUS Loan Fairness and Responsibility Act of 2023," seeks to amend the Higher Education Act of 1965 to enable the transfer of certain federal student loans from a parent to a child. The bill outlines the conditions under which such a transfer can occur, such as...

    Simple Explanation

    The bill wants to let parents give their student loans to their kids instead, as long as the kids can show they can pay them back. This means the parents won't have to worry about those loans anymore, and the kids will be in charge of paying them.

  • H.R. 7369 aims to give U.S. Customs and Border Protection (CBP) more flexibility in hiring and retaining employees, especially in rural or remote areas. The bill introduces measures like direct hiring authority, bonuses for recruitment and retention, and special pay rates to...

    Simple Explanation

    H.R. 7369 is a plan to help U.S. Customs and Border Protection find and keep workers in hard-to-reach places by offering special hiring rules and bonuses. It also asks to check if the plan is working and makes sure people learn how to hire better.

  • H.R. 7489, titled the "Increasing Access to Mental Health in Schools Act," is designed to help low-income local educational agencies hire and retain more school-based mental health services providers such as school counselors, psychologists, and social workers. The bill...

    Simple Explanation

    H.R. 7489 wants to help schools in low-income areas by giving them money to hire people like school counselors and psychologists, and even help pay off some of those workers' student loans, so more kids can get support when they need it.

  • The bill S. 4565, titled the "Student Protection and Success Act," aims to amend the Higher Education Act of 1965 to address low cohort repayment rates and establish risk-sharing payments for institutions of higher education. Beginning in 2027, colleges and universities with...

    Simple Explanation

    This new bill wants schools to help students pay back their loans. If too many students can't pay, the schools might not get money from the government anymore. Schools that do a good job helping students with their loans can get extra money as a reward.

  • H.R. 967, titled the “Modern GI Bill Act,” amends title 38 of the United States Code to allow individuals who are eligible for Post-9/11 educational assistance to use these benefits to pay off their Federal student loans. A beneficiary can apply their education benefits to...

    Simple Explanation

    The Modern GI Bill Act lets people who served in the military use some of the money they get for school to help pay off their student loans, but there's a limit on how much they can use each year and for how long. This helps them pay off their school debt easier, just like getting some extra help with a big piggy bank to pay the bank back.

  • S. 2513, titled the “Veterans Benefits Improvement Act of 2024,” seeks to enhance benefits and services administered by the Department of Veterans Affairs (VA). The bill includes provisions to improve the publication of disability benefit forms, enhance travel reimbursements...

    Simple Explanation

    The Veterans Benefits Improvement Act of 2024 wants to make things better for veterans by helping them with things like travel costs for medical check-ups and offering special programs for law students. It also plans to add more judges to a special court for veteran matters.