One lawmaker proposed a bill that would allow student loan borrowers to access affordable and burden-free repayment options.
Recently, Louisiana Sen. Bill Cassidy, the ranking member of the Senate's Health, Education, Labor and Pensions committee, and House Education and the Workforce Committee Chairwoman Virginia Foxx of North Carolina requested to meet with Cardona on or before July 20 to discuss federal student aid servicer roadblocks as well as internal memos and documents about the department's strategy for the return to repayment.
After passing the Republican-controlled House, the Senate also voted to end the federal pause on repayments and dismantle the plan under the Congressional Review Act . The GOP received bipartisan support from Sens. Joe Manchin of West Virginia and Jon Tester of Montana, both Democrats, and Arizona's Kyrsten Sinema, an independent formerly of the Democratic Party.In February, led by Foxx and Sen. Marsha Blackburn, R-Tenn.
Among other changes, it would require the education secretary to make "at least 12 notifications" to borrowers before repayment begins -- including options for repayment, the deadline and more.
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