S.2826: Strengthening Forgiveness for Public Servants Act

About This Bill

Bill Summary

Strengthening Forgiveness for Public Servants Act - Amends title IV (Student Assistance) of the Higher Education Act of 1965 to direct the Secretary of Education to cancel 15%, 15%, 20%, 20%, and 30% of the amount a borrower owes after 2, 4, 6, 8, and 10 years of public service employment, respectively, on a William D. Ford Federal Direct Loan made after this Act's enactment. (Currently, the balance of a borrower's Direct Loan is cancelled if...

(Source: Library of Congress)

Bill Actions

Date Description
Sept. 16, 2014
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Sept. 16, 2014

Introduced in the Senate by Richard Blumenthal (D-Conn.)

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