S. 942, also known as the “Resident Education Deferred Interest (REDI) Act,” aims to change the Higher Education Act of 1965. This bill proposes that borrowers who are completing a medical or dental internship or residency can defer their student loan payments without...
Simple Explanation
S. 942, the "Resident Education Deferred Interest (REDI) Act," is like a special break for doctors and dentists in training where they don’t have to pay back their school loans or worry about extra costs while they are learning.