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Code · BILL · 119th Congress · S. 4169 (Introduced in Senate) — To amend the Higher Education Act of 1965 to eliminate interest on student loans, establish the Education Affordabili... · Sec. 203

Sec. 203. Annual and aggregate loan limits

167 words·~1 min read·/bill/119/s/4169/is/section-203

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Section 455(a) of the Higher Education Act of 1965 ( 20 U.S.C. 1087e(a) ) is amended— in paragraph (4)— in subparagraph (A), in the matter preceding clause (i), by striking and
(8)and inserting , (8), and
(9); and in subparagraph (B), in the matter preceding clause (i), by striking and
(8)and inserting , (8), and
(9); in paragraph (6), by striking paragraph
(8)and inserting paragraphs
(8)and
(9); and by adding at the end the following: Each amount specified in paragraphs
(4)and
(6)shall, for any period of instruction beginning on or after July 1, 2027, be deemed increased by a percentage equal to the annual adjustment percentage. In this paragraph, the term annual adjustment percentage , as applied to an academic year, means the estimated percentage change in the Consumer Price Index (as determined by the Secretary, using the definition in section 478(f) or the most recent calendar year ending prior to the beginning of that academic year). .
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Sec. 203
Annual and aggregate loan limits
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