; or (B) a Federal Consolidation Loan, if the proceeds of such loan were used to discharge the liability on a loan described in subparagraph (A). . 3. Sunset of public service loan forgiveness Section 455(m) of the Higher Education Act of 1965 ( 20 U.S.C. 1087e(m) ) is amended by adding at the end the following: (5) Sunset The Secretary shall not have the authority to cancel under this subsection the obligation to repay the balance of principal and interest due on the eligible Federal Direct Loans made under this part to a new borrower on or after July 1, 2020. .