Federal Employee Student Debt Transparency Act

S.1295, the Federal Employee Student Debt Transparency Act, requires certain high-level federal employees to publicly disclose their student loan debt. Specifically, it mandates that Senior Executive Service (SES) employees and Schedule C appointees (confidential/policy roles) file annual reports by February 28 detailing all outstanding balances on federal student loans under the Higher Education Act. These reports, including total debt and names of non-compliant employees, must be submitted to Congress by May 1 each year. The bill creates a transparency mechanism for Congress and the public to track student debt among senior federal leadership, without altering debt relief policies or obligations.