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Student Loan Forgiveness for Medicare and Social Security Recipients.

This bill proposes to forgive federal student loans for individuals enrolled in Medicare Part A or those in the 24-month waiting period for such benefits. This could provide significant financial relief for seniors and individuals with disabilities still burdened by student debt, improving their economic well-being.
Key points
Forgiveness applies to federal student loans, including consolidation loans, taken out at least 10 years before applying.
Eligibility is for Medicare Part A beneficiaries or those in the 24-month waiting period for benefits.
The bill does not authorize refunds for payments made before loan forgiveness.
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Additional Information
Print number: 118_HR_6689
Sponsor: Rep. Schiff, Adam B. [D-CA-30]
Process start date: 2023-12-07