US HB251 | 2021-2022 | 117th Congress
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 11 2021 - 25% progression
Action: 2021-01-11 - Referred to the House Committee on Education and Labor.
Pending: House Education and Labor Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 11 2021 - 25% progression
Action: 2021-01-11 - Referred to the House Committee on Education and Labor.
Pending: House Education and Labor Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Requires the Department of Education (ED) to implement a partial student loan forgiveness reduction schedule and conduct awareness activities relating to the Public Service Loan Forgiveness (PSLF) program. Specifically, ED must implement a public service loan forgiveness reduction schedule to cancel principal and interest due on Federal Direct Loans based on the number of payments made by the borrower, develop informational materials relating to the eligibility requirements of the PSLF program, make the informational materials available on its website and conduct outreach to not-for-profit institutions and government organizations about the availability of these materials, and establish an online portal for borrowers to submit employment certification forms.
Title
Public Service Appreciation Through Loan Forgiveness Act
Sponsors
Rep. Raja Krishnamoorthi [D-IL] |
History
Date | Chamber | Action |
---|---|---|
2021-01-11 | House | Referred to the House Committee on Education and Labor. |
2021-01-11 | House | Introduced in House |
Subjects
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/117th-congress/house-bill/251/all-info |
Text | https://www.congress.gov/117/bills/hr251/BILLS-117hr251ih.pdf |