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Public Service Appreciation Through Loan Forgiveness Act

2/8/2022, 11:17 PM

Congressional Summary of HR 6087

Public Service Appreciation Through Loan Forgiveness Act

This bill requires the Department of Education (ED) to implement a partial student loan forgiveness reduction schedule and conduct awareness activities relating to the Public Service Loan Forgiveness (PSLF) program.

Specifically, ED must

  • implement a public service loan forgiveness reduction schedule to cancel principal and interest due on Federal Direct Loans based on the number of payments made by the borrower,
  • develop informational materials relating to the eligibility requirements of the PSLF program,
  • make such informational materials available on its website and conduct outreach to not-for-profit institutions and government organizations about the availability of such materials, and
  • establish an online portal for borrowers to submit employment certification forms.

Read the Full Bill

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Current Status of Bill HR 6087

Bill HR 6087 is currently in the status of Bill Introduced since March 4, 2020. Bill HR 6087 was introduced during Congress 116 and was introduced to the House on March 4, 2020.  Bill HR 6087's most recent activity was Referred to the House Committee on Education and Labor. as of March 4, 2020

Bipartisan Support of Bill HR 6087

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
0
Democrat Cosponsors
0
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 6087

Primary Policy Focus

Education

Potential Impact Areas

- First Amendment rights
- Government information and archives
- Government lending and loan guarantees
- Higher education
- Interest, dividends, interest rates
- Internet and video services
- Internet, web applications, social media
- Law enforcement officers
- Lawyers and legal services
- Licensing and registrations
- Military personnel and dependents
- Social work, volunteer service, charitable organizations
- Student aid and college costs
- Teaching, teachers, curricula

Alternate Title(s) of Bill HR 6087

Public Service Appreciation Through Loan Forgiveness Act
To amend the Higher Education Act of 1965 to create a reduction schedule for public service loan forgiveness, and for other purposes.
Public Service Appreciation Through Loan Forgiveness Act

Comments

Sponsors and Cosponsors of HR 6087

Daniel Lipinski
Daniel Lipinski
IllinoisDemocrat

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