summary
Introduced
03/11/2025
03/11/2025
In Committee
03/11/2025
03/11/2025
Crossed Over
Passed
Dead
Introduced Session
119th Congress
Bill Summary
A BILL To amend the Higher Education Act of 1965 to provide for interest-free deferment on student loans for borrowers serving in a medical or dental internship or residency program.
AI Summary
This bill, known as the Resident Education Deferred Interest Act (REDI Act), amends the Higher Education Act of 1965 to provide a significant benefit for medical and dental professionals during their early career training. Specifically, the bill creates a new provision that allows medical and dental residents to defer their student loan payments during their internship or residency programs, with a crucial additional benefit: interest will not accrue during this deferment period. This means that doctors and dentists in training will not be financially burdened by growing student loan balances while they are completing their mandatory post-graduate medical or dental training programs, which typically last between 3-7 years. By preventing interest from accumulating during this critical career stage, the bill aims to provide financial relief to young medical and dental professionals who are already facing the challenges of intensive training and relatively low compensation during their residency years. The legislation modifies existing student loan deferment rules to specifically include medical and dental residents as a category eligible for interest-free loan deferment.
Committee Categories
Education
Sponsors (77)
Brian Babin (R)*,
Don Bacon (R),
Michael Baumgartner (R),
Ami Bera (D),
Jack Bergman (R),
Stephanie Bice (R),
Sanford Bishop (D),
Suzanne Bonamici (D),
Janelle Bynum (D),
Kathy Castor (D),
Judy Chu (D),
Herbert Conaway (D),
Sharice Davids (D),
Scott DesJarlais (R),
Maxine Dexter (D),
Lloyd Doggett (D),
Cleo Fields (D),
Shomari Figures (D),
Lizzie Fletcher (D),
Scott Franklin (R),
Andrew Garbarino (R),
Laura Gillen (D),
Vicente Gonzalez (D),
Josh Gottheimer (D),
Michael Guest (R),
Josh Harder (D),
Andy Harris (R),
Chrissy Houlahan (D),
Julie Johnson (D),
John Joyce (R),
Mike Kennedy (R),
Kevin Kiley (R),
Raja Krishnamoorthi (D),
David Kustoff (R),
John Larson (D),
Mike Lawler (R),
Mike Levin (D),
Seth Magaziner (D),
Nicole Malliotakis (R),
Tracey Mann (R),
Sarah McBride (D),
Richard McCormick (R),
Kristen McDonald Rivet (D),
Dan Meuser (R),
Kweisi Mfume (D),
Carol Miller (R),
Mariannette Miller-Meeks (R),
John Moolenaar (R),
Gwen Moore (D),
Seth Moulton (D),
Frank Mrvan (D),
Jerry Nadler (D),
Eleanor Holmes Norton (D),
Zach Nunn (R),
Burgess Owens (R),
Chris Pappas (D),
Brittany Pettersen (D),
Mark Pocan (D),
Nellie Pou (D),
Mike Rogers (R),
David Rouzer (R),
John Rutherford (R),
Andrea Salinas (D),
Hillary Scholten (D),
Pete Sessions (R),
Mike Simpson (R),
Darren Soto (D),
Greg Steube (R),
Tom Suozzi (D),
Jill Tokuda (D),
Derek Tran (D),
Mike Turner (R),
David Valadao (R),
Beth Van Duyne (R),
Gabe Vasquez (D),
James Walkinshaw (D),
Debbie Wasserman Schultz (D),
Last Action
Referred to the House Committee on Education and Workforce. (on 03/11/2025)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/119th-congress/house-bill/2028/all-info |
| BillText | https://www.congress.gov/119/bills/hr2028/BILLS-119hr2028ih.pdf |
Loading...