Federal Employee Student Debt Disclosure Bill

Federal Employee Student Debt Transparency Act This bill requires certain executive branch employees to disclose their federal student loan debt in an annual report. The bill's requirement applies to an employee serving in a Senior Executive Service position or a position of a confidential or policy-determining nature (i. e., a Schedule C position). Covered employees must file a report detailing the principal and interest owed on loans under the William D. Ford Federal Direct Loan Program, the Federal Family Education Loan Program, and the Federal Perkins Loan Program. The bill also requires the Office of Government Ethics to submit an annual report to Congress that contains (1) the total amount owed by all covered employees, and (2) the name of any covered employee who failed to report the required information.

1. This bill requires certain federal employees to report their student loan debt. 2. Covered employees must disclose their total student loan balance every year. 3. Newly appointed covered employees must report their debt within 60 days of starting. 4. The Office of Government Ethics will report total debt amounts to Congress annually. 5. The bill aims to increase transparency about federal employees' student loan obligations.

Senior Executive Service employees and Schedule C employees in the federal government.