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S. 3243: Simplifying Access to Student Loan Information Act of 2020

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S. 3243: Simplifying Access to Student Loan Information Act of 2020

116th Congress · introduced 2020-01-28 · Education · Latest: Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

federal

Follow this bill, step by step

  1. Where it came from: introduced 2020-01-28 · official record
  2. Who proposed it: Sen. Shaheen, Jeanne [D-NH] · what a sponsor is
  3. What happened next: no floor votes in our records yet. Why?
  4. Where it stands now: Read twice and referred to the Committee on Health, Education, Labor, and Pensions. Not final yet: this can still change. We check for updates every day.
  5. If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

Simplifying Access to Student Loan Information Act of 2020

Plain summary

Simplifying Access to Student Loan Information Act of 2020 This bill expands the National Student Loan Data System (NSLDS) to include information about private education loans. Specifically, the bill requires private educational lenders to submit to the NSLDS information regarding private education loans made to borrowers, including the outstanding balances and interest rates of such loans. Currently, only federal student loan information is available in the NSLDS. The bill requires the Department of Education to ensure that a cosigner of a private education loan for which information is included in the NSLDS has access only to that information in a separate account, ensure that a private educational lender has access to the NSLDS only to submit information regarding the lender's loans, and establish a functionality within the NSLDS that enables a student borrower of federal student loans to input the information necessary to compare repayment plans.

Congressional Research Service summary (Introduced in Senate), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

Simplifying Access to Student Loan Information Act of 2020

Source: Congressional Research Service summary (Introduced in Senate)

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Alternatives

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Sen. Shaheen, Jeanne [D-NH] · 0 cosponsors

Cost estimate: No cost estimate published yet.

Sponsor's campaign money: Sen. Shaheen, Jeanne [D-NH] reported raising $176,810 (2025–2026). Details. Shown for context only; it does not mean any donor supported this bill.

No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.

Words on this page, explained (1)
Bill
A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).

Plain meanings written from linked sources. All words.

Sources

Record fed-us-cong116-s3243 · catalog fed-us-congress-bills-cong116 · updated 2026-11-15 by psicol fed-bills-cong116