2020 Education Debt Legislation

New Hampshire’s per capita public investment in its higher education system is the lowest in the country. As a result, we have one of the highest average student debt loads in the nation. Stay Work Play supports measures to lower the cost of higher education in New Hampshire and to provide solutions for those struggling with education debt.

House Bill 1268

What it does

Establishes a bicameral legislative committee to study student loan forgiveness on the basis of volunteer work, including service in the legislature.

Why it’s important

Supporting this bill would look at an additional way of addressing NH’s student debt crisis while at the same time incentivizing more young people to volunteer and run for state office.

Current status

House Bill 1268 was voted Inexpedient to legislate by the House Education Committee. The full House was scheduled to vote upon the bill on March 11, 2020. However, its status is unknown at present.

House Bill 1500

What it does

Creates the position of student loan ombudsman within the NH Banking Department.

Why it’s important

With the average student debt load in NH perennially has one of the highest in the nation, having a designated advocate to provide timely assistance to any student loan borrower will help to ensure that the rights of NH student loan borrowers are protected.

Current status

House Bill 1500 was passed in an amended version by the full House on March 11, 2020. The bill has not yet been assigned a Senate Committee.