US Congress House Bill 4495 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 3-0)
Status: Introduced on February 8 2016 - 25% progression, died in committee
Action: 2016-03-23 - Referred to the Subcommittee on Higher Education and Workforce Training.
Pending: House Subcommittee on Higher Education and Workforce Training Committee
Text: Latest bill text (Introduced) [PDF]

Education for Jobs Act This bill amends title IV (Student Assistance) of the Higher Education Act of 1965 to make an individual eligible to apply for a loan under the William D. Ford Federal Direct Loan program if that individual: (1) is carrying at least three credit hours or the equivalent coursework for the course of study the individual is pursuing, (2) is enrolled in an educational program leading to a degree or certificate, and (3) was employed on a full-time basis for at least 10 years. It makes those students eligible for interest subsidies. It requires the repayment period for such a loan to begin the day after six months after the student ceases to meet the loan eligibility requirements.

Education for Jobs Act

Rep. Michelle Lujan Grisham [D-NM]

Rep. Juan Vargas [D-CA]

Rep. Derek Kilmer [D-WA]

Date	Chamber	Action
2016-03-23	House	Referred to the Subcommittee on Higher Education and Workforce Training.
2016-02-08	House	Referred to the House Committee on Education and the Workforce.
2016-02-08	House	Introduced in House

Type	Source
Summary	https://www.congress.gov/bill/114th-congress/house-bill/4495/all-info
Text	https://www.congress.gov/114/bills/hr4495/BILLS-114hr4495ih.pdf