What to know about the U.S. House GOP’s student loan overhaul bill

Education

By Shauneen Miranda | Florida Phoenix

WASHINGTON — Students and families could see significant changes to how student loans are repaid as well as cuts to federal student aid as congressional Republicans look to slash billions of dollars in federal spending to offset the cost of President Donald Trump’s sweeping agenda.

Republicans are using the complex reconciliation process to move a package through Congress with simple majority votes in each chamber, avoiding the Senate’s 60-vote threshold that generally requires bipartisanship.

The House Committee on Education and Workforce approved its portion of the package in a party-line vote in April, pushing GOP lawmakers a step closer to potentially securing key changes to student loan repayment options and Pell Grant eligibility.

This story was originally produced by WLRN, South Florida’s only public radio station at 91.3 FM, as part of a content sharing partnership with MIA Media Group. Read more at WLRN.org

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