Bill > HR3267

This bill aims to modify the Public Service Loan Forgiveness (PSLF) program by simplifying the employment eligibility requirements for loan forgiveness. Specifically, the bill proposes to change the existing language in the Higher Education Act of 1965 by removing the detailed employment criteria and replacing them with a more streamlined requirement. Under the current law, borrowers must meet specific employment conditions to qualify for loan forgiveness, but this bill appears to reduce those requirements, making it potentially easier for public service workers to have their student loans forgiven. The bill's goal is to ensure that individuals who have performed qualifying public service are eligible for loan forgiveness, which could provide significant financial relief to employees in sectors like government, education, healthcare, and non-profit organizations who often have lower salaries but serve critical roles in society. By modifying the language around employment qualifications, the bill seeks to make the PSLF program more accessible and straightforward for eligible borrowers.

Education

https://www.congress.gov/bill/119th-congress/house-bill/3267/all-info