H.R. 4862 · 119th Congress
LOAN Act
H.R. 4862 expands eligibility and increases benefits across federal student aid programs while easing loan forgiveness requirements.
Where it is in the process
Latest action: Referred to the Committee on Education and Workforce, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
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What it costs
No CBO estimate yet.
The Congressional Budget Office usually scores a bill only after it clears committee, so an early-stage bill having no official number is normal — we report that honestly rather than guess. Here's how CBO cost estimates work and what the deficit number actually means.
Pass it, or trash it?
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