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PSLF Technical Corrections Act of 2019

Introduced: April 11, 2019 Introduced by: Whitehouse, Sheldon Democratic · Rhode Island See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 11, 2019
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Apr 11, 2019
Introduced in Senate
 Plain-English summary Congressional Research Service

PSLF Technical Corrections Act of 2019

This bill revises the Public Service Loan Forgiveness (PSLF) program under the Federal Direct Loan program.

Under current law, the PSLF program forgives the balance of a borrower's student debt after the borrower makes 120 qualifying loan payments under specified repayment plans while employed in a public service job. The bill expands the program to include payments under graduated or extended plans as payments that qualify a borrower for loan forgiveness under the PSLF program.

The bill requires the Department of Education (ED) to provide each borrower who has submitted a certification of employment under the PSLF program with a notification related to changes made to the program and a calculation of the borrower's monthly payments that count toward loan forgiveness.

It also requires ED to establish a dispute resolution process.

What's happening now April 11, 2019

Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

 Committees of jurisdiction 1