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H.R. 4113 (116th): Public Service Pays Off Act

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The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress, and was published on Jul 30, 2019.

Public Service Pays Off Act

This bill requires the Department of Education to incrementally cancel a percentage of the obligation to repay the balance on eligible Federal Direct Loans for a borrower who, while employed in public service, makes qualifying payments for 2, 4, 6, 8, and 10 years.