118th Congress · HOUSE BILLBILL

H.R. 6809 — Parent PLUS Loan Fairness and Responsibility Act of 2023

“To amend the Higher Education Act of 1965 to allow certain Federal student loans to be transferred from a parent to a child, and for other purposes.”

Education

Introduced Dec 14, 2023

Last action Dec 14, 2023

Pipeline · Bill → Law

Step 1

Introduced

Dec 14, 2023

Step 2

Referred

Dec 14, 2023

Education and Workforce

Step 3

Committee

Step 4

House floor

Step 5

Senate

Step 6

Resolve Changes

Step 7

Signed

SummaryCRS Summary

This bill allows parent borrowers to transfer their parent PLUS loans to their child under certain circumstances. Among other requirements for a transfer, the child must demonstrate the ability to repay the loan, as determined by the Department of Education. Additionally, the bill makes these transferred loans eligible for income-driven repayment plans.

Provisions · 3 sectionsIntroduced in House

Timeline · 2 actions

Dec 14, 2023

Introduced in House

Dec 14, 2023

Referred to the House Committee on Education and the Workforce.