PSLF Payment Completion Fairness Act
Latest action · Apr 7, 2022 Referred to the House Committee on Education and Labor.
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.
- IntroducedApr 7, 2022
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Public Service Loan Forgiveness Payment Completion Fairness Act or the PSLF Payment Completion Fairness Act
This bill removes the requirement that a borrower must be employed in a public service job at the time of loan forgiveness under the Public Service Loan Forgiveness (PSLF) program.
Under the current PSLF program, the Department of Education must cancel the balance of interest and principal due on a borrower's Federal Direct Loans after the borrower makes 120 monthly loan payments while employed in a public service job and, at the time of loan forgiveness, the borrower is employed in a public service job. This bill removes the requirement that the borrower must be working in a public service job at the time of loan forgiveness.
Cosponsors 12
Members who signed on, in the order they did. Signatures ran from Apr 7, 2022 to Jul 26, 2022, with 1 there on the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-IN | James R. Baird | Original | Apr 7, 2022 |
| R-PA | Brian K. Fitzpatrick | Apr 27, 2022 | |
| D-IN | André Carson | May 10, 2022 | |
| D-CA | Mike Thompson | May 13, 2022 | |
| D-CT | Joe Courtney | May 16, 2022 | |
| D-CO | Joe Neguse | May 18, 2022 | |
| D-WA | Derek Kilmer | Jun 7, 2022 | |
| D-CA | Lucille Roybal-Allard | Jun 7, 2022 | |
| D-PA | Mary Gay Scanlon | Jun 7, 2022 | |
| D-OR | Suzanne Bonamici | Jun 9, 2022 | |
| D-IA | Cynthia Axne | Jun 23, 2022 | |
| D-WA | Suzan K. DelBene | Jul 26, 2022 |
Actions 2
Everything that happened, newest first.
- Apr 7, 2022Introduced in House
- Apr 7, 2022Referred to the House Committee on Education and Labor.
Subjects
Assigned by the Library of Congress. Policy area: Education.
Text 1
Each version as it was printed, newest first.
- Apr 7, 2022Introduced 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.