# 116-hr-7625: Ryan Frascone Memorial Student Loan Relief Act of 2020

116-hr-7625, Ryan Frascone Memorial Student Loan Relief Act of 2020, is a 116th Congress bill sponsored by Rep. Craig, Angie [D-MN-2] (D-MN); status Referred to the House Committee on Financial Services. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/116-hr-7625
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 116-hr-7625
- Congress: 116
- Title: Ryan Frascone Memorial Student Loan Relief Act of 2020
- Status: Referred to the House Committee on Financial Services.
- Introduced: 2020-07-16
- Sponsor: Rep. Craig, Angie [D-MN-2] (D-MN)
- Cosponsors: 0
- Policy area: Finance and Financial Sector
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Ryan Frascone Memorial Student Loan Relief Act of 2020 This bill retroactively applies certain borrower protections related to cosigners of private student loans. Specifically, all private student loan agreements must (1) prohibit a creditor from declaring a default or accelerating the debt of a private student loan on the sole basis of the death or bankruptcy of a cosigner to such a loan, and (2) require loan holders to release cosigners from any obligation upon the death of the student borrower. Under current law, these protections apply only to private student loan agreements entered into on or after November 20, 2018.

## Related bills

- 116-hr-8891: To designate the facility of the United States Postal Service located at 229 Minnetonka Avenue South in Wayzata, Minnesota, as the "Jim Ramstad Post Office".
- 116-hr-8880: HONEST Enterprise Act
- 116-hr-8665: Extending Tribal Broadband Priority Act of 2020
- 116-hr-8662: Accelerating Access to Critical Therapies for ALS Act
- 116-hr-8555: Vaccine Fairness Act of 2020
- 116-hr-8431: Strengthening Local Processing Act

## Sources
- [116-hr-7625 on Congress.gov](https://www.congress.gov/bill/116th-congress/house-bill/7625)

## Related
- [116-hr-8891: To designate the facility of the United States Postal Service located at 229 Mi…](https://policyrisk.com/legislation/116-hr-8891)
- [116-hr-8880: HONEST Enterprise Act](https://policyrisk.com/legislation/116-hr-8880)
- [116-hr-8665: Extending Tribal Broadband Priority Act of 2020](https://policyrisk.com/legislation/116-hr-8665)
- [116-hr-8662: Accelerating Access to Critical Therapies for ALS Act](https://policyrisk.com/legislation/116-hr-8662)
- [116-hr-8555: Vaccine Fairness Act of 2020](https://policyrisk.com/legislation/116-hr-8555)
- [116-hr-8431: Strengthening Local Processing Act](https://policyrisk.com/legislation/116-hr-8431)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/116-hr-7625 (as of 2025-11-18).