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 (48)
Brian Babin (R)*,
Don Bacon (R),
Michael Baumgartner (R),
Jack Bergman (R),
Stephanie Bice (R),
Sanford Bishop (D),
Suzanne Bonamici (D),
Kathy Castor (D),
Judy Chu (D),
Sharice Davids (D),
Scott DesJarlais (R),
Lloyd Doggett (D),
Cleo Fields (D),
Scott Franklin (R),
Andrew Garbarino (R),
Josh Gottheimer (D),
Josh Harder (D),
Chrissy Houlahan (D),
Julie Johnson (D),
John Joyce (R),
Kevin Kiley (R),
Raja Krishnamoorthi (D),
David Kustoff (R),
Mike Lawler (R),
Nicole Malliotakis (R),
Tracey Mann (R),
Sarah McBride (D),
Richard McCormick (R),
Dan Meuser (R),
Carol Miller (R),
John Moolenaar (R),
Gwen Moore (D),
Seth Moulton (D),
Frank Mrvan (D),
Jerry Nadler (D),
Eleanor Holmes Norton (D),
Brittany Pettersen (D),
Nellie Pou (D),
Mike Rogers (R),
David Rouzer (R),
John Rutherford (R),
Hillary Scholten (D),
Pete Sessions (R),
Darren Soto (D),
Greg Steube (R),
Jill Tokuda (D),
David Valadao (R),
Beth Van Duyne (R),
Last Action
Referred to the House Committee on Education and Workforce. (on 03/11/2025)
Official Document
bill text
bill summary
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bill summary
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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 |
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