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Loss of Student Loan Forgiveness for Campus Protest Convictions.

This bill aims to disqualify individuals convicted of crimes committed during protests on college campuses from receiving federal student loan forgiveness, cancellation, or modification. If enacted, students or graduates found guilty of offenses related to campus demonstrations would lose access to debt relief programs. This directly impacts personal finances by ensuring the full repayment obligation remains for those convicted.
Key points
Individuals convicted of offenses related to protests at higher education institutions become ineligible for federal student loan relief.
The prohibition applies to a wide range of federal student loans, including those issued before the law's enactment.
This change directly increases the financial burden on convicted individuals by removing access to loan forgiveness programs.
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Additional Information
Print number: 118_S_4240
Sponsor: Sen. Cotton, Tom [R-AR]
Process start date: 2024-05-02