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S. 1541IntroducedSenate · nowHousePresidentLawIn committee
Sec. 601 · S. 1541

Public service loan forgiveness for Merchant Marines

Title VI — Workforce Development › Subtitle A — Workforce incentives

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Section 455(m) of the Higher Education Act of 1965 (20 U.S.C. 1087e(m)) is amended— (1) in paragraph (3)(B)(i), by inserting the United States Merchant Marine (as described in paragraph (5)), a United States shipyard, after law enforcement,; and (2) by adding at the end the following: (5) Full-time job in United States Merchant Marine For purposes of loan cancellation under this subsection, a full-time job in the United States Merchant Marine shall mean possession of a Merchant Mariner Credential authorized by the Coast Guard and employment on board a vessel of the United States for not less than 150 days in a calendar year..

Sec. 601: Public service loan forgiveness for Merchant Marines · Public Law Tracker