Costello, Meehan back measure to help students with loan problems
WASHINGTON, D.C, — U.S. Rep. Ryan Costello (R-6), Patrick Meehan (R-7), Suzanne Bonamici (D-OR), and Seth Moulton (D-MA) have introduced the SIMPLE Act, legislation to reduce administrative burdens on struggling student loan borrowers.
The legislation allows vulnerable borrowers to automatically enroll in affordable income-driven loan repayment plans, and it removes burdensome paperwork requirements...