Less Bureaucracy, Better Student Aid Act

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 9609 Introduced in House (IH)] <DOC> 119th CONGRESS 2d Session H. R. 9609 To ensure the Department of Treasury will manage all federal student loans, federal student debt, and policies regarding student aid eligibility, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES July 9, 2026 Mr. Walberg introduced the following bill; which was referred to the Committee on Education and Workforce, and in addition to the Committee on Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned _______________________________________________________________________ A BILL To ensure the Department of Treasury will manage all federal student loans, federal student debt, and policies regarding student aid eligibility, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Less Bureaucracy, Better Student Aid Act''. SEC. 2. TRANSFER OF DEPARTMENT OF EDUCATION FUNCTIONS RELATING TO FEDERAL STUDENT AID. (a) In General.--There are transferred, in accordance with the applicable effective dates in subsection (b), to the Department of the Treasury-- (1) functions of the Secretary of Education (including the performance-based organization established pursuant to section 141 of the Higher Education Act of 1965 (20 U.S.C. 1018) and all related functions of any officer or employee of the Department of Education) related to the servicing and voluntary and involuntary collections of defaulted Federal student loan debt, including certification of debt, due process, borrower notification, disputes, bankruptcy, rehabilitation, consolidation, compromise, repayment agreements,