releases: https://foster.house.gov/media/press-releases/foster-introduces-legislation-reduce-student-loan-financial-burden-parents

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Data license: MIT · Data source: dwillis/congress-press

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url	title	date	year	month	party	chamber	state	member_name	bioguide_id	domain	scraper	source	date_source	text	has_text	collected_at	updated_at
https://foster.house.gov/media/press-releases/foster-introduces-legislation-reduce-student-loan-financial-burden-parents	Foster Introduces Legislation to Reduce Student Loan Financial Burden on Parents	2023-12-14	2023	2023-12	Democrat	House	IL	Bill Foster	F000454	foster.house.gov	foster	https://foster.house.gov/media/press-releases	scraper	Washington, DC — Today, Congressman Bill Foster (D-IL) introduced the Parent PLUS Loan Fairness and Responsibility Act. This legislation would allow students to take over the student debt that was incurred by their parents on their behalf, providing a sensible solution for parents facing multiple financial burdens. Specifically, the legislation would allow parents to transfer Parent PLUS loans to the student with the consent of the parent, student, and lender, provided the student meets the credit requirements for the PLUS loan program and is at least six months removed from leaving school. After transfer, the loan would be eligible for Public Service Loan Forgiveness. "As college costs and economic burdens continue to rise, federal law should allow families to determine financial liability for PLUS loans in a way that accommodates their financial situation," said Foster. "This legislation would provide a solution by allowing a child, if they're willing, to take financial responsibility for the loans that allowed them to go to college." A copy of the bill is available here. The Parent PLUS Loan Fairness and Responsibility Act is endorsed by the National Education Association. ###	1	2026-03-30T01:40:41Z	2026-04-08T01:14:16Z