US HB1615 | 2009-2010 | 111th Congress
Status
May 14 2009 - Referred to the Subcommittee on Higher Education, Lifelong Learning, and Competitiveness.
Text: Latest bill text (Introduced) [PDF]
Text: Latest bill text (Introduced) [PDF]
Summary
Medical Economic Deferment for Students (MEDS) Act - Amends the Higher Education Act of 1965 with respect to the meaning of economic hardship under the Federal Family Education Loan or Perkins Loan and related loan insurance programs. Considers borrowers under such programs to be suffering economic hardship if they are working full-time, have a federal educational debt burden equal to at least 20% of their adjusted gross income, and the difference between their adjusted gross income minus such debt burden is less than 220% of the greater of: (1) the annual earnings of an minimum wage earner; or (2) 150% of the poverty line applicable to their family size.
Title
Medical Economic Deferment for Students (MEDS) Act
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2009-05-14 | Referred to the Subcommittee on Higher Education, Lifelong Learning, and Competitiveness. | |
| 2009-03-19 | Referred to the House Committee on Education and Labor. |
Subjects
Education
Government lending and loan guarantees
Higher education
Student aid and college costs
Wages and earnings
Government lending and loan guarantees
Higher education
Student aid and college costs
Wages and earnings
US Congress State Sources
| Type | Source |
|---|---|
| Summary | http://thomas.loc.gov/cgi-bin/bdquery/z?d111:HN01615:@@@L&summ2=m& |
| Text | http://gpo.gov/fdsys/pkg/BILLS-111hr1615ih/pdf/BILLS-111hr1615ih.pdf |
