1. Short title This Act may be cited as the Streamlining Accountability and Value in Education for Students Act . 2. Loan repayment simplification and income-driven repayment reform Section 455 of the Higher Education Act of 1965 ( 20 U.S.C. 1087e ) is amended— (1) in subsection (d)— (A) in paragraph (1)— (i) in subparagraph (B), by inserting not later than June 30, 2024, before a graduated ; (ii) in subparagraph (C), by inserting not later than June 30, 2024, before an extended ; (iii) in subparagraph (D)— (I) by inserting not later than June 30, 2024, before an income contingent ; and (II) by striking and after the semicolon; (iv) in subparagraph (E)— (I) by inserting and not later than June 30, 2024, after beginning on July 1, 2009 ; and (II) by striking the period at the end and inserting ; and ; and (v) by adding at the end the following: (F) beginning on July 1, 2024, an income contingent repayment plan known as the Revised Pay As You Earn Repayment plan , consistent with subsection (e)(9). ; (B) in paragraph (2), by striking in subparagraph (A), (B), or (C) of paragraph (1) and inserting in subparagraph (A) or (F) of paragraph (1) ; and (C) in paragraph (4), by inserting not later than June 30, 2024 and after The Secretary may provide,