arrow_back Back to App

Student Loan Forgiveness for Work: Up to $30,000 Debt Relief

This proposed law creates a new program to help people pay off federal student loans. If you have eligible loans, make 60 monthly payments, and work for 10 years after leaving school, you could get up to $30,000 of your loan balance cancelled.
Key points
Offers up to $30,000 in federal student loan forgiveness.
Requires 10 years of employment (full-time or part-time) after leaving school.
Requires making at least 60 monthly loan payments.
Applies to specific types of federal direct loans.
Cannot be combined with other specific loan forgiveness programs for the same service.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 117_S_4342
Sponsor: Sen. Whitehouse, Sheldon [D-RI]
Process start date: 2022-05-26
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-04-17
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

ASAP Forgiveness Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_S_4342.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2022-05-26.

What are the main provisions?

Key points include:

  • Offers up to $30,000 in federal student loan forgiveness.
  • Requires 10 years of employment (full-time or part-time) after leaving school.
  • Requires making at least 60 monthly loan payments.
  • Applies to specific types of federal direct loans.
  • Cannot be combined with other specific loan forgiveness programs for the same service.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Whitehouse, Sheldon [D-RI].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-29.

CATEGORIES

Education Labor Benefits