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- S.2826
S.2826: Strengthening Forgiveness for Public Servants Act
About This Bill
- Introduced Sept. 16, 2014
- Latest Major Action Sept. 16, 2014
- See the four similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsor
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.) |