Student Loan Accountability Act

HR 1211, the Student Loan Accountability Act, prohibits federal agencies (like the Education Department, Treasury, or Justice Department) from canceling or forgiving most federal student loans on a mass scale. It specifically blocks actions to cancel or modify repayment terms for "covered loans" (most federal student loans under the Higher Education Act or Health Education Assistance Loan Program) unless those changes were already permitted under laws or regulations in effect as of March 12, 2020. The bill allows only existing targeted forgiveness programs under the Higher Education Act to continue, while preventing new executive actions that would alter repayment requirements without explicit new congressional authorization. This bill does not create new benefits but restricts the government's ability to implement broad student loan relief.