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.
About This Bill
Committee
Latest Action · February 14, 2023
Referred to the House Committee on Education and the Workforce.
Military and Veteran Caregiver Student Loan Relief Act of 2023
This bill makes designated primary family caregivers of veterans eligible for student loan forgiveness under the Public Service Loan Forgiveness (PSLF) program.
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 public service job to include service as a primary family caregiver of an eligible veteran participating in the Program of Comprehensive Assistance for Family Caregivers.
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