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No Student Loan Forgiveness for Members of Congress

This bill aims to prevent Members of the U.S. Congress from benefiting from student loan cancellation programs. It means that if you are a Member of Congress, you will not be eligible for any federal student loan forgiveness program established during or after your service. The goal is to ensure that public officials do not gain personal financial benefits from programs they create or influence.
Key points
Members of Congress cannot have their student loans forgiven through federal programs.
This prohibition applies to both existing and future programs.
It seeks to prevent personal financial gain for public officials.
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Additional Information
Print number: 117_HR_6668
Sponsor: Rep. Cole, Tom [R-OK-4]
Process start date: 2022-02-09