Sec. 105. Study and procedures on determining family size
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The Secretary of Education, acting jointly with the Secretary of the Treasury, shall— not later than 1 year after the date of enactment of this Act, publish, in the Federal Register, notice of the Secretary’s intent to conduct a study on the effect of using data from the Internal Revenue Service such as personal exemptions, filing status, or child tax credits, as proxies for family size in an income-driven repayment plan, and invite public comment regarding the study; after reviewing any public comments provided under paragraph (1), conduct the study and publish the results of the study in the Federal Register; use the results of the study conducted under paragraph
(1)to develop procedures for determining family size for the automatic recertification of income for an income-driven repayment plan in a manner that minimizes burdens and unintended harm to borrowers; publish the procedures developed under paragraph
(3)in the Federal Register; and after a notice and comment period on such procedures, use such comments to finalize the procedures. The study conducted under subsection
(a)shall— be completed, with the results published pursuant to subsection (a)(2), not later than 3 years after the date of enactment of this Act; determine how closely personal exemptions, filing status, or child tax credits match the family size that borrowers report on their income-driven repayment plan request form; compare the borrower’s actual monthly payment amount with the monthly payment amount borrowers would have using family size information derived from tax returns; include data from tax year 2018 or later tax years; and use data from more than one year, where possible, to analyze how much family size changes over time. The term income-driven repayment plan means any of the following authorized under the Higher Education Act of 1965 ( 20 U.S.C. 1001 et seq. ): The income-contingent repayment plan. The income-based repayment plan. The PAYE repayment plan. The REPAYE repayment plan.
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Sec. 105
Study and procedures on determining family size
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