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Limiting Student Loan Forgiveness: Protecting Taxpayers

This act restricts the Secretary of Education from forgiving student loans if it would significantly increase costs for taxpayers. Its goal is to protect the national budget from large expenditures related to student aid programs. Citizens might experience lower tax burdens, but access to certain forms of student loan forgiveness could become more difficult.
Key points
The Secretary of Education will be unable to implement new regulations or actions that would significantly increase student loan forgiveness costs.
The changes aim to prevent large government spending on student loan-related programs.
These provisions may affect future student aid programs, potentially limiting their scope or availability.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_HR_937
Sponsor: Rep. Grothman, Glenn [R-WI-6]
Process start date: 2025-02-04
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Protecting Taxpayers from Student Loan Bailouts Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_HR_937.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2025-02-04.

What are the main provisions?

Key points include:

  • The Secretary of Education will be unable to implement new regulations or actions that would significantly increase student loan forgiveness costs.
  • The changes aim to prevent large government spending on student loan-related programs.
  • These provisions may affect future student aid programs, potentially limiting their scope or availability.
What is the specific legal status?

The current status is Introduced.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Grothman, Glenn [R-WI-6].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Education and Workforce.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-23.

CATEGORIES

Education Taxes Economy