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114-hr-4495114th Congress

Education for Jobs Act

Sponsored By: Representative Lujan Grisham, Michelle [D-NM-1]

Unknown

Summary

Education for Jobs Act This bill amends title IV (Student Assistance) of the Higher Education Act of 1965 to make an individual eligible to apply for a loan under the William D. Ford Federal Direct Loan program if that individual: (1) is carrying at least three credit hours or the equivalent coursework for the course of study the individual is pursuing, (2) is enrolled in an educational program leading to a degree or certificate, and (3) was employed on a full-time basis for at least 10 years. It makes those students eligible for interest subsidies. It requires the repayment period for such a loan to begin the day after six months after the student ceases to meet the loan eligibility requirements.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & CoSponsors

Sponsor

Lujan Grisham, Michelle [D-NM-1]

NM • D

Cosponsors

  • Rep. Vargas, Juan [D-CA-52]

    CA • D

    Sponsored 2/8/2016

  • Rep. Kilmer, Derek [D-WA-6]

    WA • D

    Sponsored 2/8/2016

Roll Call Votes

No roll call votes available for this bill.

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