To amend the Higher Education Act of 1965 to provide for a relocation and retention student loan repayment program, and for other purposes.
About This Bill
Committee
Latest Action · December 2, 2020
Referred to the Committee on Education and Labor, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Rural Revitalization Now Act
This bill establishes a program to provide up to $50,000 in student loan forgiveness for each borrower who lives and works in a qualifying area for eight or more years. Qualifying areas are cities or towns that are defined based on population size, population loss over the last 10 years, potential economic benefit, or designation as a major disaster area within the last 5 years.
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