Sponsor: Rep. Scanlon D-PA
Cosponsors: 1 (1D; 0R)
NASFAA Overview & research: This bill would mandate the development of a “borrower advocate” at the office of the PBO whoever function is to offer prompt assistance to federal loan borrowers by giving an answer to and reviewing their complaints about federal loans, trying to resolve any complaints into the most useful interest associated with borrowers, and reporting complaints to circumstances or accrediting agency if relevant. The borrower advocate will be responsible for posting a yearly report to ED that could summarize the complaints gotten from borrowers, like the quantity of complaints made.
H.R. 4607 – Not en titled at the time of 11/13
Sponsor: Rep. Harder D-CA
Cosponsors: 4 (2D; 2R)
NASFAA Overview & research: This bill will allow borrowers that have full-time jobs as medical care practitioners and supply their solutions at a nonprofit, or general public medical center or other nonprofit or general general general public medical care center to qualify for Public provider Loan Forgiveness.
H.R. 4596 – Education Loan Advocacy Act
Sponsor: Rep. Omar D-MN
Cosponsors: 1 (1D; 0R)
NASFAA Overview & research: This bill would upgrade the purpose of the PBO to add prioritization to pupils and borrowers in decision-making procedures, making aid that is federal more effortlessly understandable to pupils and parents, handling costs, increasing effectiveness, increasing accountability of officials who administer functional facets of federal programs, and increasing oversight of schools. To make sure these improvements occur, the assistant of training could be accountable for implementing accountability and oversight measures to be sure the newly-defined function is achieved. This bill would additionally mandate the development of a “borrower advocate” at work associated with the PBO whose function is money key to offer prompt assist with federal loan borrowers by giving an answer to and reviewing their complaints about federal loans, attempting to resolve any complaints within the interest that is best of this borrowers, and reporting complaints to a situation or accrediting agency if applicable. Continue reading “H.R. 4627 – Pupil Borrower Advocate Act”