Legislators
Bills
Statements
Lobbying
Travel
Searching...- Bills
- S.1412
S.1412: Strengthening Loan Forgiveness for Public Servants Act
About This Bill
- Introduced June 22, 2017
- Latest Major Action June 22, 2017
- See the four similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
10 (All Democrats)
Bill Version
- Introduced in Senate - June 22, 2017
Bill Summary
Strengthening Loan 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...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| June 22, 2017 |
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
|
| June 22, 2017 |
Introduced in the Senate by Richard Blumenthal (D-Conn.) |