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 ·
278 words in original text
What This Bill Does
This joint resolution disapproves a rule created by the Department of Education about waivers and modifications of federal student loans. The rule being disapproved includes a website announcement about "One-Time Federal Student Loan Debt Relief" and a Federal Register document from October 12, 2022. If this resolution passes, that Department of Education rule will have no legal force or effect.
Who It Affects
The Department of Education and people with federal student loans.
Key Provisions
Congress disapproves the Department of Education rule relating to "Waivers and Modifications of Federal Student Loans" including the "One-Time Federal Student Loan Debt Relief" announcement and Federal Register document from October 12, 2022. The rule shall have no force or effect after this resolution passes.
What Changes
The Department of Education's waivers and modifications of federal student loans rule will have no legal power or effect if this resolution becomes law.
Important Definitions
Congressional Review Act: The law that allows Congress to disapprove federal agency rules before they take effect.
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