H.R. 7457, titled the “Peace Corps and AmeriCorps Student Loan Forgiveness Act,” proposes changes to how loan payments are counted for public service loan forgiveness. The bill suggests that months during which Peace Corps volunteers and AmeriCorps members have their Federal Direct Loans in...
Simple Explanation
The bill wants to make it easier for people in Peace Corps and AmeriCorps to get help paying off their student loans by counting certain months when they didn't have to pay, as if they did pay, to get closer to having their loans forgiven.