US Congress House Bill 6374 (Prior Session Legislation)

---

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on September 29 2010 - 25% progression, died in chamber
Action: 2010-11-18 - Referred to the Subcommittee on Higher Education, Lifelong Learning, and Competitiveness.
Text: Latest bill text (Introduced) [PDF]

Amends title IV (Student Assistance) of the Higher Education Act of 1965 to direct the Secretary of Education to refinance the private education loans of individuals who are participating in a residency program in: (1) family medicine; (2) obstetrics/gynecology; (3) general internal medicine; (4) gerontology; (5) general pediatrics; or (6) general psychiatry. Sets the interest rate on the refinanced loans at 8.25%. Requires the refinanced loans to have the same terms and conditions as a Direct Consolidation Loan, except they are made ineligible for: (1) consolidation with another loan eligible for consolidation under title IV; (2) income-based repayment terms under title IV; or (3) any loan forgiveness or cancellation under title IV or the Public Health Service Act, except in the case of death or permanent and total disability.

To amend the Higher Education Act of 1965 to provide for the refinancing of certain private education loans for physicians practicing primary care medicine.

Rep. Donald Payne [D-NJ]

Date	Chamber	Action
2010-11-18		Referred to the Subcommittee on Higher Education, Lifelong Learning, and Competitiveness.
2010-09-29		Referred to the House Committee on Education and Labor.

SB1541 (Related) 2009-07-30 - Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

Type	Source
Summary	https://www.congress.gov/bill/111th-congress/house-bill/6374/all-info
Text	https://www.congress.gov/111/bills/hr6374/BILLS-111hr6374ih.pdf