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118-sjres-43Introduced
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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 "Improving Income Driven Repayment for the William D. Ford Federal Direct Loan Program and the Federal Family Education Loan (FFEL) Program".

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Summary

Official CRS summary

This joint resolution nullifies the final rule submitted by the Department of Education titled Improving Income Driven Repayment for the William D. Ford Federal Direct Loan Program and the Federal Family Education Loan (FFEL) Program and published on July 10, 2023. The rule creates a new income-driven repayment plan called the Saving on a Valuable Education (SAVE) plan.

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Bill details

Congress
118
Bill type
sjres
Introduced
September 5, 2023
Sponsor
Not yet available
Last action
November 15, 2023— Failed of passage in Senate by Yea-Nay Vote. 49 - 50. Record Vote Number: 310.

The recorded vote

U.S. SenateNov 16, 2023
43Yea38Nay1Not voting

Counted from roll-call records for sitting members · source: congress.gov

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