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A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Department of Education relating to "Waivers and Modifications of Federal Student Loans".

Source: Congress.gov  ·  403 words in original text
This bill asks Congress to disapprove a Department of Education rule about waivers and modifications for federal student loans. The rule includes a website announcement called "One-Time Federal Student Loan Debt Relief" and a Federal Register document from October 12, 2022. If Congress approves this disapproval, the rule will have no legal force or effect.
The Department of Education is directly affected by this bill. Federal student loan borrowers are indirectly affected because the bill targets rules that would modify their loans.
Congress disapproves the Department of Education's rule relating to "Waivers and Modifications of Federal Student Loans" as submitted under the Congressional Review Act (a process that lets Congress reject government rules).
If this joint resolution passes, the rule about waivers and modifications of federal student loans shall have no force or effect. This means the rule cannot be enforced or put into practice.
None defined in bill text.
Important: This plain English summary was generated by AI and is provided for informational purposes only. It is not legal advice. Always consult the official bill text on Congress.gov or a qualified attorney for legal matters.