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Easier Loan Forgiveness for Adjunct Faculty

This act aims to make it easier for part-time faculty members, including those at higher education and vocational institutions, to qualify for public service loan forgiveness. This means more educators will be able to benefit from this program, potentially improving their financial situation. The changes apply to those teaching at least one course and not employed full-time elsewhere.
Key points
Expands public service loan forgiveness eligibility to include adjunct faculty.
Part-time faculty at higher education, vocational, and Tribal Colleges can apply for loan forgiveness.
Eligibility requires teaching at least one course and not being full-time employed by another employer.
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Additional Information
Adjunct Faculty Loan Fairness Act of 2021
Print number: S 2442
Sponsor: Sen. Durbin, Richard J. [D-IL]
Process start date: 2021-07-22