119-hr1759

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1759 Introduced in House

    (IH) ]

<DOC>

119th CONGRESS
 1st Session
 H. R. 1759

To amend the Higher Education Act of 1965 to allow borrowers of Parent 
 PLUS loans or loans under 

section 428B made on behalf of a dependent 
student to repay such loans pursuant to an income-contingent repayment 
 plan or income-based repayment plan, and for other purposes.

_______________________________________________________________________

 IN THE HOUSE OF REPRESENTATIVES

 February 27, 2025

Ms. Waters (for herself, Ms. Adams, Ms. Bynum, Mr. Carson, Mr. Davis of 
 Illinois, Mr. Doggett, Ms. Jayapal, Ms. Johnson of Texas, Ms. 
 McClellan, Mrs. McIver, Ms. Norton, Mr. Olszewski, Mrs. Ramirez, Ms. 
Schakowsky, Ms. Sewell, Ms. Stansbury, Mr. Swalwell, Mr. Thanedar, Mr. 
Thompson of Mississippi, and Ms. Tlaib) introduced the following bill; 
 which was referred to the Committee on Education and Workforce

_______________________________________________________________________

 A BILL

To amend the Higher Education Act of 1965 to allow borrowers of Parent 
 PLUS loans or loans under 

section 428B made on behalf of a dependent 
student to repay such loans pursuant to an income-contingent repayment 
 plan or income-based repayment plan, and for other purposes.

 Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

 This Act may be cited as the ``Affordable PLUS Repayment Options 
for Parents Act of 2025''.

SEC. 2. INCOME-CONTINGENT REPAYMENT PLAN.

 

Section 455 of the Higher Education Act of 1965 (20 U.S.C. 1087e) 
is amended--

    (1) in subsection
            (d) (1)
            (D) , by striking ``, except that 
 the plan described in this subparagraph shall not be available 
 to the borrower of a Federal Direct PLUS loan made on behalf of 
 a dependent student''; and

    (2) in subsection

    (e)

    (1) , by inserting at the end the 
 following: ``An income contingent repayment plan under this 
 subsection shall be available to a borrower of a Federal Direct 
 PLUS loan made on behalf of a dependent student or a Federal 
 Direct Consolidation Loan the proceeds of which were used to 
 discharge the liability on such a Federal Direct PLUS loan.''.

SEC. 3. INCOME-BASED REPAYMENT PLAN.

    (a) Clarification of IBR.--

Section 455
            (d) (1)
        (E) of such Act (20 
U.S.C. 1087e
            (d) (1)
        (E) ) is amended by striking ``, except that the plan 
described in this subparagraph shall not be available to the borrower 
of a Federal Direct PLUS Loan made on behalf of a dependent student or 
a Federal Direct Consolidation Loan, if the proceeds of such loan were 
used to discharge the liability on such Federal Direct PLUS Loan or a 
loan under 

section 428B made on behalf of a dependent student''.

    (b) IBR.--

Section 493C of the Higher Education Act of 1965 (20 
U.S.C. 1098e) is amended--

    (1) by amending subsection

    (a) to read as follows:
 ``

    (a) 

=== Definition. ===
-In this section, the term `partial financial 
hardship', when used with respect to a borrower, means that for such 
borrower--
 ``

    (1) the annual amount due on the total amount of loans 
 made, insured, or guaranteed under part B or D to a borrower as 
 calculated under the standard repayment plan under 

section 428

    (b)

    (9)
        (A)
            (i) or 455
            (d) (1)
        (A) , based on a 10-year repayment 
 period; exceeds
 ``

    (2) 15 percent of the result obtained by calculating, on 
 at least an annual basis, the amount by which--
 ``
        (A) the borrower's, and the borrower's spouse's 
 (if applicable), adjusted gross income; exceeds
 ``
        (B) 150 percent of the poverty line applicable to 
 the borrower's family size as determined under 

section 673

    (2) of the Community Services Block Grant Act (42 
 U.S.C. 9902

    (2) ).'';

    (2) in subsection

    (b) --
        (A) in paragraph

    (1) , by striking ``(other than an 
 excepted PLUS loan or excepted consolidation loan)'';
        (B) in paragraph

    (6)
        (A) , by striking ``(other than 
 an excepted PLUS loan or excepted consolidation 
 loan)''; and
            (C) in paragraph

    (7) , by striking ``(other than a 
 loan under 

section 428B or a Federal Direct PLUS 
 Loan)''; and

    (3) in subsection
            (c) --
        (A) in paragraph

    (1) , by striking ``(other than an 
 excepted PLUS loan or excepted consolidation loan),''; 
 and
        (B) in paragraph

    (2)
        (B) , by striking ``(other than 
 an excepted PLUS loan or excepted consolidation 
 loan)''.

SEC. 4. EFFECTIVE DATE AND APPLICATION.

 The amendments made by this Act shall take effect on the date of 
enactment of this Act, and shall apply with respect to each borrower 
who, on or after such date--

    (1) has an outstanding balance on a Federal Direct PLUS 
 Loan (or a loan under 

section 428B) made on behalf of a 
 dependent student or a Federal Direct Consolidation Loan the 
 proceeds of which were used to discharge the liability on such 
 a Federal Direct PLUS loan (or on such a loan under 

section 428B); and

    (2) is repaying or will repay such loan pursuant to an 
 income-contingent repayment plan under 

section 455

    (e) of the 
 Higher Education Act of 1965 (20 U.S.C. 1087e

    (e) ) or an income-
 based repayment plan under 

section 493C of such Act (20 U.S.C. 
 1098e).
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