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- S.2463
S.2463: Strengthening Forgiveness for Public Servants Act
About This Bill
- Introduced Jan. 21, 2016
- Latest Major Action Jan. 21, 2016
- See the four similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsor
Bill Summary
Strengthening Forgiveness for Public Servants Act This bill amends title IV (Student Assistance) of the Higher Education Act of 1965 to direct the Department of Education (ED) 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 bill's enactment. (Currently, the balance of a borrower's Direct Loan...
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
| Date | Description |
|---|---|
| Jan. 21, 2016 |
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
|
| Jan. 21, 2016 |
Introduced in the Senate by Richard Blumenthal (D-Conn.) |