# 119-hr-3298: Know Before You Owe Federal Student Loan Act of 2025

119-hr-3298, Know Before You Owe Federal Student Loan Act of 2025, is a 119th Congress bill sponsored by Rep. Miller-Meeks, Mariannette [R-IA-1] (R-IA); status introduced; PRIA reads it as touching household money (as of 2026-04-21).

- Canonical: https://policyrisk.com/legislation/119-hr-3298
- As of: 2026-04-21
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-3298
- Congress: 119
- Title: Know Before You Owe Federal Student Loan Act of 2025
- Status: introduced
- Introduced: 2025-05-08
- Sponsor: Rep. Miller-Meeks, Mariannette [R-IA-1] (R-IA)
- Cosponsors: 0
- Policy area: Education
- Touches household money: yes
- Last recorded action: 2026-04-21

## Summary

**Personalized pre-loan counseling** would be required for federal student borrowers and students would have to manually confirm the exact dollar amount they want to borrow before a loan is certified. The counseling would give program-specific, after-tax monthly payment estimates and clear warnings and options to limit borrowing. - Students: Borrowers would receive an estimate of their monthly payment after taxes, living expenses using Bureau of Labor Statistics Consumer Expenditure Survey data, health insurance, and other costs. Counseling must note total estimated student debt and warn that higher debt-to-income ratios make repayment harder. - Institutions: Eligible schools would have to require students to enter the exact dollar amount of Federal Direct Loan funds they want before the school certifies the loan for disbursement, with limited exceptions for consolidation and certain PLUS loans. - Financial aid offices: Offices would need to update counseling materials and systems to use program starting wages, include known private debt, and estimate future debt needed to finish a program.

## Provisions PRIA read

- Better counseling and loan amount check for students: benefit, medium. This bill would require schools to give stronger pre-loan counseling before the first disbursement of each new Federal Direct Loan (or the first in an award year if you take multiple new loans). The counseling would estimate your monthly loan payment and compare it to your after-tax pay and living…
- Quarterly student loan statements in deferment: benefit, low. This bill would require your lender or servicer to send a plain-language statement every quarter any time you do not have to make payments on your federal student loans (for example, in school, deferment, or forbearance). The statement would list each loan’s original amount, current balance, and in…

## Related bills

- 119-hr-9237: Take Care of America’s Veterans Act
- 119-hr-4669: FEMA Act of 2025
- 119-hr-2725: Affordable Housing Credit Improvement Act of 2025
- 119-hr-4317: PBM Reform Act of 2025
- 119-hr-4895: Afghan Adjustment Act
- 119-hr-1656: PLUS for Veterans Act of 2025

## Sources
- [119-hr-3298 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/3298)

## Related
- [119-hr-9237: Take Care of America’s Veterans Act](https://policyrisk.com/legislation/119-hr-9237)
- [119-hr-4669: FEMA Act of 2025](https://policyrisk.com/legislation/119-hr-4669)
- [119-hr-2725: Affordable Housing Credit Improvement Act of 2025](https://policyrisk.com/legislation/119-hr-2725)
- [119-hr-4317: PBM Reform Act of 2025](https://policyrisk.com/legislation/119-hr-4317)
- [119-hr-4895: Afghan Adjustment Act](https://policyrisk.com/legislation/119-hr-4895)
- [119-hr-1656: PLUS for Veterans Act of 2025](https://policyrisk.com/legislation/119-hr-1656)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-3298 (as of 2026-04-21).