HR. 2829In Committee
SERVICE Act
Modifies Public Service Loan Forgiveness by shortening the payment requirement, broadening qualifying periods, and changing borrower eligibility and review rules
Plain-English overview
What this bill does
Modifies Public Service Loan Forgiveness by shortening the payment requirement, broadening qualifying periods, and changing borrower eligibility and review rules
Key points
- Establish denial reconsideration process
- Prohibit interest capitalization
- Reduce qualifying payments
- Expand eligible deferments and forbearances
Current status
Where it stands
Status
In Committee
Latest action
2025-04-10 — Referred to the House Committee on Education and Workforce.
Related context
Topics and policy areas
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