HR 4495 · 114th Congress · Education
Education for Jobs Act
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the Subcommittee on Higher Education and Workforce Training.(2016-03-23)
Plain Language Summary
[AI summary unavailable — showing source text]
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.…
Summarized by Claude AI · Non-partisan · For informational purposes only