Military and Veteran Caregiver Student Loan Relief Act of 2021

Bill: 117-hr-2968
Sponsor: full_name: Rep. Connolly, Gerald E. [D-VA-11]
Introduced: 2021-05-04
Policy area: Education
Latest action: action_date: 2021-05-04
text: Referred to the House Committee on Education and Labor.

Summaries:
action_date: 2021-05-04
action_desc: Introduced in House
text: <p><strong>Military and Veteran Caregiver Student Loan Relief Act of 2021</strong></p> <p>This bill makes designated primary family caregivers of veterans eligible for student loan forgiveness under the Public Service Loan Forgiveness (PSLF) program.</p> <p>Under the PSLF program, the Department of Education must cancel the balance of interest and principal due on a borrower's Federal Direct Loans after the borrower makes 120 monthly loan payments while employed in a public service job. This bill broadens the definition of <em>public service job</em> to include service as a primary family caregiver of an eligible veteran participating in the Program of Comprehensive Assistance for Family Caregivers.</p>

tv_txt: I 117th CONGRESS 1st Session H. R. 2968 IN THE HOUSE OF REPRESENTATIVES May 4, 2021 Mr. Connolly (for himself and Mr. Turner ) introduced the following bill; which was referred to the Committee on Education and Labor A BILL To amend the Higher Education Act of 1965 to include service as a veteran family caregiver as a public service job for purposes of the public service loan forgiveness program, and for other purposes.

1. Short title This Act may be cited as the Military and Veteran Caregiver Student Loan Relief Act of 2021 . 2. Repayment plan for public service employees Section 455(m)(3)(B) of the Higher Education Act of 1965 ( 20 U.S.C. 1087e(m)(3)(B) ) is amended— (1) in clause (i), by striking or at the end; (2) in clause (ii), by striking the period at the end and inserting ; or ; and (3) by adding at the end the following: (iii) service as a primary family caregiver of veteran in the program of comprehensive assistance for family caregivers, as established by the Secretary of Veterans Affairs under section 1720G of title 38, United States Code. .