Shutdown Student Loans for Feds Act

# Shutdown Student Loans for Feds Act Summary **What the Bill Would Do:** This bill would prohibit federal employees from taking out new federal student loans while they are employed by the federal government. If passed, it would effectively shut down access to federal student loans for this specific group of workers during their tenure as federal employees. **Who It Affects:** The bill targets federal government workers—people employed directly by federal agencies. It does not affect private sector workers, contractors, or other borrowers.

Current federal employees with existing student loans would likely not be impacted, as the bill appears focused on preventing *new* loans rather than restricting existing ones. **Current Status:** The bill (S 3070) was introduced in the 119th Congress by Senator Angela Alsobrooks (D-MD) and is currently in committee, meaning it has not yet been debated or voted on by the full Senate. At this stage, it remains a proposal with uncertain prospects for passage.