End Capitalization for Struggling Borrowers Act 2019-10-01 Introduced in House End Capitalization for Struggling Borrowers Act

This bill prohibits the capitalization of interest on a student loan balance after forbearance or certain deferment periods. Capitalization occurs when the interest accrued on a student loan during a period of deferment or forbearance is added to the principal amount of the loan at the expiration of such period.

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