Search Results for keywords:"federal direct loans"

Search Results: keywords:"federal direct loans"

H. R. 7457 — To direct the Secretary of Education to count months during which Peace Corps volunteers and AmeriCorps members have eligible Federal Direct Loans in deferment or forbearance toward eligibility for public service loan forgiveness, and for other purposes.
February 26, 2024
Status:Introduced in House
Congress:118
Words:638
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.
S. 4281 — To establish a student loan forgiveness plan for certain borrowers who are employed at a qualified farm or ranch.
May 08, 2024
Status:Introduced in Senate
Congress:118
Words:1,273
The bill S. 4281, known as the “Student Loan Forgiveness for Farmers and Ranchers Act,” aims to establish a loan forgiveness program for borrowers working on qualified farms or ranches. It specifies that eligible individuals are those who are either beginning farmers,...
Simple Explanation
The bill wants to help people who work on farms or ranches by forgiving some of their student loan debt if they make regular payments and meet certain conditions. It's like saying, "If you help us grow food, we’ll help you pay back your school money."

Showing 1 to 2 of 2 results