Public Service Pays Off Act

Fact Sheet API

Bill Number

HR 4113

Introduced

Jul 30, 2019

Latest Action

Referred to the House Committee on Education and Labor.

Sponsor

Cosponsors

Topics

Education Government employee pay, benefits, personnel management Government lending and loan guarantees Higher education Interest, dividends, interest rates Student aid and college costs

Full Text

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Votes

Summary

Public Service Pays Off Act

This bill requires the Department of Education to incrementally cancel a percentage of the obligation to repay the balance on eligible Federal Direct Loans for a borrower who, while employed in public service, makes qualifying payments for 2, 4, 6, 8, and 10 years.

Actions

Jul 30, 2019

Referred to the House Committee on Education and Labor.
Jul 30, 2019

Introduced in House

Amendments

Related Bills