# 117-hr-7288: Affordable Loans for Any Student Act

117-hr-7288, Affordable Loans for Any Student Act, is a 117th Congress bill sponsored by Rep. DeLauro, Rosa L. [D-CT-3] (D-CT); status Referred to the Committee on Education and Labor, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/117-hr-7288
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 117-hr-7288
- Congress: 117
- Title: Affordable Loans for Any Student Act
- Status: Referred to the Committee on Education and Labor, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- Introduced: 2022-03-30
- Sponsor: Rep. DeLauro, Rosa L. [D-CT-3] (D-CT)
- Cosponsors: 3
- Policy area: Education
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Affordable Loans for Any Student Act This bill addresses repayment options, loan disclosures, and loan counseling for student loans. The bill revises requirements concerning repayment options for student loan borrowers. For instance, the bill terminates interest capitalization and origination fees for Federal Direct Loans, provides assistance to low-income borrowers or borrowers who are delinquent on loan payments, and replaces the existing income-based repayment plans with two new plans. Under the new plans, borrowers may choose (1) a fixed repayment plan with equal monthly payments paid over a period of 10 years, or (2) an income-based repayment plan with monthly payments equal to 10% percent of their income above the poverty level. The income-based plan is capped at 20 years of payments. The bill also revises requirements concerning student loan disclosures and student loan counseling for borrowers. For instance, the bill requires the Department of Education to maintain online counseling tools that provide borrowers with entrance and exit student loan counseling.

## Cosponsors (3)

- Rep. Hayes, Jahana [D-CT-5] (D-CT), 2022-03-30T00:00:00.000Z
- Rep. Scanlon, Mary Gay [D-PA-5] (D-PA), 2022-03-30T00:00:00.000Z
- Rep. Peters, Scott H. [D-CA-50] (D-CA), 2022-08-02T00:00:00.000Z

## Related bills

- 117-hr-263: Big Cat Public Safety Act
- 117-hr-8404: Respect for Marriage Act
- 117-hr-1842: Harriet Tubman Bicentennial Commemorative Coin Act
- 117-hr-8373: Right to Contraception Act
- 117-hr-8297: Ensuring Women’s Right to Reproductive Freedom Act
- 117-hres-1193: Expressing support for the designation of June 23, 2022, as National Federal Pell Grant Day.

## Sources
- [117-hr-7288 on Congress.gov](https://www.congress.gov/bill/117th-congress/house-bill/7288)

## Related
- [117-hr-263: Big Cat Public Safety Act](https://policyrisk.com/legislation/117-hr-263)
- [117-hr-8404: Respect for Marriage Act](https://policyrisk.com/legislation/117-hr-8404)
- [117-hr-1842: Harriet Tubman Bicentennial Commemorative Coin Act](https://policyrisk.com/legislation/117-hr-1842)
- [117-hr-8373: Right to Contraception Act](https://policyrisk.com/legislation/117-hr-8373)
- [117-hr-8297: Ensuring Women’s Right to Reproductive Freedom Act](https://policyrisk.com/legislation/117-hr-8297)
- [117-hres-1193: Expressing support for the designation of June 23, 2022, as National Federal Pe…](https://policyrisk.com/legislation/117-hres-1193)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/117-hr-7288 (as of 2025-11-18).