Education for Public Service Act of 2004
Latest action · Oct 7, 2004 Referred to the House Committee on Education and the Workforce.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedOct 7, 2004
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Education for Public Service Act of 2004 - Amends the Higher Education Act of 1965 to revise certain student loan income contingent repayment plan requirements with respect to public service employees and married borrowers.
Provides public service employees with a shortened maximum student loan repayment period before receiving debt forgiveness under an income contingent repayment plan. Prohibits the Secretary of Education from prescribing such a repayment period exceeding 15 years (instead of the usual 25 years) in the case of those borrowers who, after electing such a plan, have been full-time public service employees for at least eight years, whether or not continuously.
Revises income contingent student loan repayment schedules for married borrowers to attribute to the borrower one-half (rather than all) of the combined adjusted gross income of the borrower and the borrower's spouse.
Cosponsors
Members who signed on, in the order they did.
Actions 2
Everything that happened, newest first.
- Oct 7, 2004Introduced in House
- Oct 7, 2004Referred to the House Committee on Education and the Workforce.
Subjects
Assigned by the Library of Congress. Policy area: Education.
- Charities
- Collection of accounts
- Economics and Public Finance
- Education
- Families
- Federal employees
- Government lending
- Government Operations and Politics
- Higher education
- Income
- Labor and Employment
- Local employees
- Married people
- Nonprofit organizations
- Social Welfare
- State employees
- Student loan funds
- Tax-exempt organizations
Text 1
Each version as it was printed, newest first.
- Oct 7, 2004Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.