Skip to Main Content
×
Quiver Logo Get a Free Trial on Quiver Premium Today!
Back to News

Press Release: Congressman Bill Foster Introduces Parent PLUS Loan Fairness and Responsibility Act

None

Congressman Bill Foster introduces legislation allowing students to assume Parent PLUS loan debt, easing financial burdens on families.

Quiver AI Summary

Congressman Foster introduces new legislation: Congressman Bill Foster (D-IL) has introduced the Parent PLUS Loan Fairness and Responsibility Act aimed at allowing students to assume student debt that their parents incurred on their behalf. This shift is intended to alleviate financial pressures on parents in difficult economic times.

Loan transfer details: The act would enable the transfer of Parent PLUS loans to students, conditional on consent from all parties involved and the student's credit qualifications. It also stipulates eligibility for Public Service Loan Forgiveness post-transfer.

Support and rationale: Foster asserted, "Families should have greater flexibility" regarding loan responsibilities amid rising costs of education and living. The bill is co-sponsored by several representatives and backed by organizations like the National Education Association.

Disclaimer: This is an AI-generated summary of a press release. The model used to summarize this release may make mistakes. See the full release here.

Check out the Quiver Quantitative API to build on top of data on congressional stock trading, insider transactions, hedge fund moves, and more.

🏛️ Receive Alerts on Congress
Sign Up

Bill Foster Fundraising

Bill Foster Fundraising

Bill Foster recently disclosed $252.7K of fundraising in a Q1 FEC disclosure filed on April 15th, 2026. This was the 451st most from all Q1 reports we have seen this year. 49.4% came from individual donors.

Foster disclosed $164.9K of spending. This was the 590th most from all Q1 reports we have seen from politicians so far this year.

Foster disclosed $2.3M of cash on hand at the end of the filing period. This was the 205th most from all Q1 reports we have seen this year.

You can see the disclosure here, or track Bill Foster's fundraising on Quiver Quantitative.

Bill Foster Net Worth

Quiver Quantitative estimates that Bill Foster is worth $21.2M, as of June 11th, 2026. This is the 62nd highest net worth in Congress, per our live estimates.

Foster has approximately $11.0M invested in publicly traded assets which Quiver is able to track live.

You can track Bill Foster's net worth on Quiver Quantitative's politician page for Foster.

Bill Foster Bill Proposals

Here are some bills which have recently been proposed by Bill Foster:

  • H.R.9144: To include reasonable costs for high-speed internet service in the utility allowances for families residing in public housing, and for other purposes.
  • H.R.9124: Know Your Rights Act
  • H.R.8969: Nuclear Forensics Authority Realignment Act
  • H.R.8299: Autofill Act of 2026
  • H.R.7790: Medical Records Access Fairness Act of 2026
  • H.R.7326: ABODE Act

You can track bills proposed by Bill Foster on Quiver Quantitative's politician page for Foster.

2026 Illinois's 11th Congressional District Election

There has been approximately $3,931,733 of spending in Illinois's 11th congressional district elections over the last two years, per our estimates.

Approximately $180,810 of this has been from outside spending by PACs and Super PACs. Some of the groups who are spending money in this race include:

The rating for this race is currently "Solid D".

You can track this election on our matchup page for the 2026 Illinois's 11th congressional district election.

Add Quiver Quantitative to your preferred sources on Google Google News Logo

Suggested Articles