byrd rule student loans - Onix News
This rule restricts what kinds of legislative changes can be passed with a simple 50-vote majority in the senate. Will changes to the standard repayment plan affect student loan borrowers? How does the byrd rule affect student loan borrowers? Β· the senate parliamentarian has ruled that portions of the republican-backed βone big, beautiful billβ aimed at overhauling federal student loan repayment canβt apply to current borrowers. The byrd rule blocked major parts of the republican bill, the one big beautiful bill, from affecting current student loan borrowers. Β· the senate parliamentarian blocks several key proposals, including student loan repayment plan changes for existing borrowers, and pslf eligibility for residents. Will a new student loan repayment plan require 60 votes? Β· the senate parliamentarian has ruled that two major provisions proposed in current student loan reform bills cannot be included in the budget reconciliation process, due to the byrd rule. Β· new bill text and summaries released late friday show gop lawmakers changed the rules around student loan repayment systems and lifted a restriction when doctorsβ and dentistsβ debt payments. According to a press release from the senate budget committee ranking member, the changes to student loan repayment plans, such as altering the loan repayment process for existing borrowers, would require 60 votes to pass and could not be included in the bill. Β· the senate parliamentarian β the nonpartisan official tasked with interpreting and issuing rulings on senate rules β has ruled that the workforce pell and consolidated loan repayment provisions of the bill are in violation of the byrd rule. What did the byrd rule do?