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HR 1615 111th Congress House Education Government lending and loan guarantees Higher education Student aid and college costs Wages and earnings

Medical Economic Deferment for Students (MEDS) Act

Introduced: March 19, 2009 See on congress.gov
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 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 14, 2009
Referred to the Subcommittee on Higher Education, Lifelong Learning, and Competitiveness.
Mar 19, 2009
Referred to the House Committee on Education and Labor.
Mar 19, 2009
Introduced in House
 Plain-English summary Congressional Research Service

Medical Economic Deferment for Students (MEDS) Act - Amends the Higher Education Act of 1965 with respect to the meaning of economic hardship under the Federal Family Education Loan or Perkins Loan and related loan insurance programs.

Considers borrowers under such programs to be suffering economic hardship if they are working full-time, have a federal educational debt burden equal to at least 20% of their adjusted gross income, and the difference between their adjusted gross income minus such debt burden is less than 220% of the greater of: (1) the annual earnings of an minimum wage earner; or (2) 150% of the poverty line applicable to their family size.

What's happening now May 14, 2009

Referred to the Subcommittee on Higher Education, Lifelong Learning, and Competitiveness.

 Committees of jurisdiction 2
 Cosponsors 3
All 3 Democratic 2 Republican 1