H.R. 1759

119th CONGRESS 1st Session

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 · Sponsor: Ms. Waters · Committee: Committee on Education and Workforce

Table of contents

• H.R. 1759
  • SEC. 1. Short title
  • SEC. 2. Income-contingent repayment plan
  • SEC. 3. Income-based repayment plan
  • SEC. 4. Effective date and application

SEC. 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 () is amended— 20 U.S.C. 1087e
  • in subsection (d)(1)(D), by striking ; and
  • in subsection (e)(1), by inserting at the end the following: .

SEC. 3. Income-based repayment plan

• (a) Clarification of IBR
  • Section 455(d)(1)(E) of such Act () is amended by striking . 20 U.S.C. 1087e(d)(1)(E)
• (b) IBR
  • Section 493C of the Higher Education Act of 1965 () is amended— 20 U.S.C. 1098e
    • (a) Definition
      • In this section, the term , when used with respect to a borrower, means that for such borrower— partial financial hardship
        • 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
        • 15 percent of the result obtained by calculating, on at least an annual basis, the amount by which—
    • by amending subsection (a) to read as follows:
    • in subsection (b)—
      • in paragraph (1), by striking ;
      • in paragraph (6)(A), by striking ; and
      • in paragraph (7), by striking ; and
    • in subsection (c)—
      • in paragraph (1), by striking ; and
      • in paragraph (2)(B), by striking .

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—
  • 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
  • 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 () or an income-based repayment plan under section 493C of such Act (). 20 U.S.C. 1087e(e); 20 U.S.C. 1098e