HR 1234 United States House · 118th Congress

Can’t Cancel Your Own Debt Act of 2023

This bill prohibits Members of Congress from receiving student loan debt relief for their service in Congress. It blocks them from qualifying for service-based student loan forgiveness tied to their congressional tenure and prevents eligibility for any new federal student loan programs created while they are in office. The law directly affects current and future Members of Congress by denying them specific debt relief benefits related to their congressional service, as defined by the bill's provisions. It does not change student loan policies for the general public.
Bill status in committee 1 of 4 stages cleared
Introduction
Feb 2023
Committee Review
Floor Vote
President
Introduced Feb 28, 2023 Last action Feb 28, 2023