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Congressional Update – Stop Social Security Garnishment for Student Debt Act of 2015

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The bill below was recently introduced on Capitol Hill and it involves student loans. If you would like to learn more about the bill, please click the link below. But for now, here is a snippet from the bill.

Stop Social Security Garnishment for Student Debt Act of 2015

H.R. 3967 — Introduced

…title 31, United States Code, is amended by adding at the end the following: “(E)(i) Notwithstanding subparagraph (A), no claim arising from a Federal student loan may be collected by administrative offset of any payment described in subparagraph (A)(i). “(ii) For purposes of this subparagraph, the term `Federal student loan‘ means any Federal student loan that is made, insured, or guaranteed under title IV of the Higher Education Act of 1965 (20 U.S.C. 1070 et seq.).”. (b) Effective Date.–The a…

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