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H.R. 4170 · 112th Congress · 2011–2012

Student Loan Forgiveness Act of 2012

H.R. 4170 in the 112th Congress (2011–2012) was introduced on Mar 8, 2012, sponsored by Hansen Clarke with 24 co-sponsors.

During the 112th Congress (2011–2012), Barack Obama was president, and Republicans held the House majority and Democrats the Senate majority.

Status
Introduced
Introduced
Mar 8, 2012
Co-sponsors
24
Policy area
Education

What it does

Student Loan Forgiveness Act of 2012 - Amends title IV (Student Assistance) of the Higher Education Act of 1965 to establish a 10/10 Loan Repayment Plan that allows borrowers of Federal Family Education Loans (FFELs) and Direct Loans (DLs) to limit their monthly payment on such loans to one-twelfth of 10% of the amount by which their adjusted gross income and that of their spouse (if applicable) exceeds 150% of the federal pov…

Summary by the nonpartisan Congressional Research Service.

Sponsor

Hansen Clarke (D-MI). Co-sponsors: 24 Democrats.

Where it stands

  • IntroducedMar 8, 2012
  • Passed the House—
  • Passed the Senate—
  • Sent to the President—
  • Became law—

Latest action: Referred to the Subcommittee on Higher Education and Workforce Training. (Mar 29, 2012)

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From GovInfo bill records, Congressional Research Service summaries, Voteview roll calls and lobbying reports.

Cite or embed this page

Capitol Receipts, “H.R. 4170 (112th Congress): Student Loan Forgiveness Act of 2012,” https://www.capitolreceipts.com/bill/112-hr-4170/student-loan-forgiveness-act-of-2012 (accessed 2026-10-17).