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Alexandra Hegji; Elayne J. Heisler; Sylvia L. Bryan – Congressional Research Service, 2024
Service-contingent student loan forgiveness and loan repayment programs enable borrowers to have all or part of their student loan debt forgiven or repaid in exchange for work or service in specific fields or professions. In both loan forgiveness and loan repayment programs, borrowers typically qualify for benefits by working or serving in certain…
Descriptors: Student Loan Programs, Federal Aid, Federal Programs, Loan Repayment
Alexandra Hegji; Sylvia L. Bryan; Elayne J. Heisler – Congressional Research Service, 2024
The number and availability of service-contingent loan forgiveness and loan repayment programs have expanded considerably since the establishment of the first major federal loan forgiveness program under the National Defense Education Act of 1958. This report provides information on federally authorized service-contingent student loan forgiveness…
Descriptors: Student Financial Aid, Loan Repayment, Public Agencies, Financial Support