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Student Loan Payment Deduction from Income for Benefits Eligibility

This act allows households to deduct monthly student loan payments from their income when applying for benefits. This means individuals repaying student loans may qualify for more assistance as their calculated income will be lower. This change could improve the financial situation for many families.
Key points
Allows deduction of student loan payments (both federal and private) from household income.
This change may increase eligibility for benefits by lowering reported income for households.
The provisions will take effect 180 days after enactment.
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Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_S_2717
Sponsor: Sen. Welch, Peter [D-VT]
Process start date: 2025-09-04