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H.R. 2441

What You Can Do For Your Country Act

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.

Referred to the House Committee on Education and Labor.

Rep. Sarbanes, John P. [D-MD-3](D-MD)Sponsor
82 cosponsors82 D
82cosponsors1committees3actions2related bills15subjects
  1. IntroReferralH11100

    Referred to the House Committee on Education and Labor.

    Education and the Workforce Committee
  2. IntroReferralIntro-H

    Introduced in House

  3. IntroReferral1000

    Introduced in House

What You Can Do For Your Country Act — Informed