3.0.0 2826 2023-01-11T13:25:27Z 2023-01-11T13:25:27Z Senate S S 2014-09-16 113 sshr00 Health, Education, Labor, and Pensions Committee Senate Standing Referred to 2014-09-16T21:34:28Z 2014-09-16 sshr00 Health, Education, Labor, and Pensions Committee Senate Read twice and referred to the Committee on Health, Education, Labor, and Pensions. IntroReferral 2014-09-16 Introduced in Senate IntroReferral 10000 9 Library of Congress B001277 Sen. Blumenthal, Richard [D-CT] Richard Blumenthal D CT N W000817 Sen. Warren, Elizabeth [D-MA] Elizabeth Warren D MA A. 2014-09-16 True Education Child care and development Family services First responders and emergency personnel Government employee pay, benefits, personnel management Government lending and loan guarantees Health personnel Higher education Interest, dividends, interest rates Law enforcement officers Lawyers and legal services Military personnel and dependents Social work, volunteer service, charitable organizations Student aid and college costs Tax-exempt organizations Teaching, teachers, curricula Education 00 2014-09-16 Introduced in Senate 2014-10-30T22:05:40Z 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 the borrower is not in default and has made 120 monthly payments on such loan while employed as a public service employee.)

Requires borrowers availing themselves of such loan cancellation to submit an employment certification form that includes self-certification of employment and employer certification of employment dates. Places the borrower's loan in deferment during the period in which the borrower is employed in an eligible public service job if the borrower submits such form to the Secretary.

Cancels the entire amount of interest on such a loan that accrues for any year in which a portion of the loan is cancelled under this Act.

]]> Strengthening Forgiveness for Public Servants Act Display Title Strengthening Forgiveness for Public Servants Act Official Title as Introduced A bill to amend the Higher Education Act of 1965 to provide for a percentage of student loan forgiveness for public service employment, and for other purposes. Introduced in Senate IS Short Titles as Introduced Strengthening Forgiveness for Public Servants Act Introduced in Senate 2014-09-16T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-113s2826is/xml/BILLS-113s2826is.xml 2014-09-16 Read twice and referred to the Committee on Health, Education, Labor, and Pensions. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.