Contact Congress about H.R. 3298: Know Before You Owe Federal Student Loan Act of 2025

Students would see clearer cost and payment estimates before taking federal student loans. They would also have to type in the exact amount they want to borrow. Loan servicers would send updates every three months while payments are not due.

Modern Action explains what the legislation does, helps you choose whether to support, oppose, or ask for changes, and drafts a message tied to the bill, your stance, and the elected officials who can act on it.

Know Before You Owe Federal Student Loan Act of 2025 is a House bill in committee. The latest recorded action: Referred to the House Committee on Education and Workforce.

Latest action on H.R. 3298: Referred to the House Committee on Education and Workforce.

Who this affects: This bill mainly affects students who use federal student loans. It also affects colleges, lenders, and loan servicers that help process or manage those loans. Students would get more details before borrowing and during payment pauses. Schools and servicers would have more work to collect data, explain loan costs, and send required updates.

Why this matters: Many students borrow before they fully understand the long-term cost. This bill would put clearer numbers in front of them before they take the money. It could help some students borrow less or plan better for repayment. It would not lower tuition, interest rates, or loan balances by itself, so its effect depends on how students use the information.

Key provisions in H.R. 3298

• Students would get loan counseling more often. Schools must provide it for each new federal Direct Loan disbursement, or the first one in each award year, not only for first-time borrowers.
• Counseling would show how loan payments may fit into a student’s budget. It must compare estimated monthly payments with likely take-home pay and common costs, using program starting wage data when available.
• Counseling would count the student’s full expected loan burden. That includes federal loans, known private loans, and future borrowing likely needed to finish the program.
• Counseling would push students to borrow only what they need. It must also cover ways to borrow less, such as scholarships, work-study, cutting costs, and graduating on time.
• Students would have to choose a specific loan amount themselves. Before the school certifies the loan, they must manually enter the exact federal Direct Loan amount they want.

How Modern Action helps you take action on H.R. 3298

You do not have to start with a blank letter. Modern Action turns the bill, your position, and the relevant congressional context into a message you can edit and send. The goal is to make contacting Congress clear, specific, and useful without forcing you to parse bill text or figure out the right office on your own.

Questions people ask about H.R. 3298

What is H.R. 3298?

Students would see clearer cost and payment estimates before taking federal student loans. They would also have to type in the exact amount they want to borrow. Loan servicers would send updates every three months while payments are not due.

How do I support or oppose H.R. 3298?

Choose support, oppose, or ask for changes on Modern Action. The action flow drafts the message for you and keeps the wording tied to this bill.

Who should I contact about H.R. 3298?

Modern Action uses your location to route the action to the congressional offices relevant to the bill and your representation.

How does Modern Action help me act on H.R. 3298?

Modern Action gives you bill-specific context, lets you choose support, opposition, or changes, and drafts a message from your position and reasons.