Introduced
H. R. 7536
Introduced in House · February 25, 2026February 12, 2026
Mr. Goldman of New York (for himself, Ms. Jacobs, Mr. Garcia of California, Ms. Norton, Mr. Figures, and Ms. Pingree) introduced the following bill; which was referred to the Committee on Ways and Means
A BILL
To amend the Internal Revenue Code of 1986 to expand the deduction for student loan interest to include payments toward principal, and to increase the value of the deduction.
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 “Generating Relief for Academic Debt Using Assisted Tax Efficiency Act” or the “GRADUATE Act”.