SB3524: SMARTER Debt Act Streamlining More Accessible, Reliable and Transparent Educational Resources for Debt Act
- 1Introduced (current step)
- 2Passed One Chamber
- 3Passed Both Chambers
- 4Became Law
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Bill information
Summary
A bill to establish an interactive online dashboard to improve public access to information about student loan forgiveness programs, repayment programs, and repayment plans.
Plain-language summary
The SMARTER Debt Act would create an online dashboard—a centralized website where borrowers can easily find information about federal student loan forgiveness programs, repayment programs, and repayment plans. The dashboard would make it simpler for student loan borrowers to understand their options and access details about programs they may qualify for. This bill affects millions of Americans with federal student loans. The bill is currently in the early stage after being introduced in Congress.
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SB3524: SMARTER Debt Act Streamlining More Accessible, Reliable and Transparent Educati…