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Ending student loan forgiveness for misconduct resulting in expulsion or firing.

This law introduces new rules for federal student loan repayment. Students and faculty expelled or fired from institutions for serious misconduct, such as hate crimes, disorderly conduct, or civil rights violations, will lose eligibility for any loan forgiveness programs. These individuals will be required to repay the full loan amount under a standard 10-year repayment plan, significantly impacting their personal finances.
Key points
Eligibility for student loan forgiveness is terminated for students and faculty expelled or fired due to specific bad behavior.
Misconduct includes hate crimes, disorderly conduct, trespassing, creating a public disturbance, and violating Civil Rights Acts titles.
Individuals losing forgiveness eligibility must repay their loans within a standard 10-year period.
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Additional Information
Print number: 118_HR_8468
Sponsor: Rep. Yakym, Rudy [R-IN-2]
Process start date: 2024-05-21