S. 4581
Referred to CommitteeSecond Chance at Public Service Loan Forgiveness Act
Latest Action
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
7/21/2022 • Senate
Summary
Second Chance at Public Service Loan Forgiveness Act
This bill makes changes to the Public Service Loan Forgiveness (PSLF) program. Among other changes, the bill (1) allows a borrower who obtained an eligible Federal Direct Loan and has been employed full-time in public service (beginning on or after January 1, 1994) for 10 years or more to receive loan forgiveness under the PSLF program; (2) provides additional relevant definitions, including to specify that full-time employment is at least 30 hours a week; and (3) allows an eligible teacher to use the same teaching service to qualify for both the Teacher Loan Forgiveness program and the PSLF program.
Introduced in Senate • 7/21/2022
Topics & Subjects
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Bill Journey
Originated in the Senate
Introduced
July 21, 2022
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Committee Review
Floor Debate
Passed Chamber
Other Chamber
President
Enacted into Law