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National Guard and Reserve Student Loan Fairness Act

Bill Number
H.R. 4893
Origin Chamber
House
Congress
119th Congress, Session 1
Policy Area
Education
Status
Introduced
Latest Action
2025-08-05: Referred to the House Committee on Education and Workforce.
Last Updated
2025-09-18T17:11:28Z

AI-Generated Summary

Summary of H.R. 4893: National Guard and Reserve Student Loan Fairness Act

Purpose

This bill amends the Higher Education Act of 1965 to provide members of the reserve components of the U.S. Armed Forces (such as the National Guard and Reserves) with credit toward Public Service Loan Forgiveness for their military service periods, even when they are not employed full-time in a qualifying public service job.

Key Provisions

Significant Changes to Existing Law

This legislation adds a new paragraph to Section 455(m) of the Higher Education Act, expanding the Public Service Loan Forgiveness program. It introduces a military service-based calculation for qualifying payments, differing from the current requirement that payments must occur during full-time public service employment.

Potential Impacts

Main Stakeholders Affected

Notable Legal, Constitutional, or Political Implications

The bill operates within existing federal authority over education loans and military benefits, with no apparent constitutional conflicts. It addresses equity in loan forgiveness by recognizing reserve service as equivalent to public service contributions.

This summary was generated by AI and may contain inaccuracies. Refer to the official source document for the authoritative text.

Sponsor

Rep. Magaziner, Seth [D-RI-2]

Cosponsors (4)

Rep. Kelly, Trent [R-MS-1], Rep. Ross, Deborah K. [D-NC-2], Rep. Sorensen, Eric [D-IL-17], Rep. McBride, Sarah [D-DE-At Large]

Recent Actions

Bill Versions