Senate Bill 1203
116th Congress(2019-2020)
What You Can Do For Your Country Act
Introduced
Introduced in Senate on Apr 11, 2019
Origin Chamber
Senate
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
1203
Congress
116
Policy Area
Education
Education
Primary focus of measure is elementary, secondary, or higher education including special education and matters of academic performance, school administration, teaching, educational costs, and student aid.
No Senate votes have been held for this bill.
Summary
What You Can Do For Your Country Act
This bill revises the Public Service Loan Forgiveness (PSLF) program, including by
- allowing borrowers with loans under the Federal Family Education Loan program to be eligible for the PSLF program,
- allowing borrowers to receive loan forgiveness on half of their total loans after satisfying 60 qualifying payment obligations,
- revising provisions related to loan consolidation,
- revising the types of payments that count toward qualifying payment obligations,
- defining full-time employment as 30 hours per week,
- requiring the Department of Education (ED) to provide certain notices to borrowers,
- revising the process for certification of employment,
- requiring ED to establish a database of qualifying employers,
- providing a process for borrowers to satisfy past monthly payment obligations,
- requiring lenders to provide to ED necessary borrower repayment history information, and
- requiring ED to establish a dispute resolution process.
April 11, 2019
04/11/2019
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
04/11/2019
Introduced in Senate
Public Record
Record Updated
Nov 1, 2022 7:47:17 PM