Posts - Bill - S 1559 Know Before You Owe Federal Student Loan Act of 2025

senate 05/01/2025 - 119th Congress

We want to ensure that students fully understand the true cost of their student loans before borrowing by improving counseling and requiring them to actively confirm how much they want to borrow. We also aim to keep borrowers informed during periods when payments aren’t due by providing clear, periodic statements about their loan balances and interest.

S 1559 - Know Before You Owe Federal Student Loan Act of 2025

Views

left-leaning 05/01/2025

This bill isn’t just about loans, it’s about fairness—letting every student know exactly what financial trap they’re stepping into.

right-leaning 05/01/2025

Another layer of bureaucracy telling adults how to handle their money—when will personal responsibility get a chance?

left-leaning 05/01/2025

Finally, a bill that makes sure students don’t drown in debt before they even start paying. Knowledge is power, and this law hands it over to the borrower.

right-leaning 05/01/2025

If you can’t crunch the numbers on your own, maybe taking on debt isn’t for you. This bill just slows down the system.

moderate 05/01/2025

I appreciate the effort to lay everything out clearly, though I’m curious how smoothly colleges will actually handle the workload.

moderate 05/01/2025

Seems like common sense wrapped in legalese—better info before borrowing is a win for everyone.

moderate 05/01/2025

Whether you love it or hate it, at least this bill tries to make the student loan process less of a dark art.

left-leaning 05/01/2025

Holding lenders and schools accountable with transparency? About time we see some accountability in the student loan maze.

right-leaning 05/01/2025

More paperwork and warnings won’t fix the real problem: soaring tuition, not students who need to borrow responsibly.