,,ii #aagth ,,congress #b;d ,session ,s4 #dcdb ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,may #bf1 #bjbb,mr4 ,whitehouse introduced the following bill2 which was read twice and referred to the ,committee on ,health1 ,education1 ,labor1 and ,pensions ,a ,,bill ,to amend the ,higher ,education ,act of #aife to authorize a new student loan forgiveness program4 #a4 ,short title ,this ,act may be cited as the ,affording ,students ,a ,path to ,forgiveness ,act or the ,,asap ,forgiveness ,act4 #b4 ,loan forgiveness program for employment ,section #dee of the ,higher ,education ,act of #aife 7#bj ,u4,s4,c4 #ajhg;e7 is amended by adding at the end the following3 7r7 ,loan forgiveness for employment 7#a7 ,in general ,the ,secretary shall cancel not more than #cj1jjj of interest and principal due1 in accordance with paragraph 7#b71 on any eligible ,federal ,direct ,loan that is in repayment status on or after the date of enactment of this subsection for a borrower who-- 7,a7 has made not less than #fj monthly payments on the eligible ,federal ,direct ,loan pursuant to any repayment plan authorized under this ,act2 and 7,b7 has been employed1 on a full-time or part-time basis1 for #aj years after graduating from1 or otherwise leaving1 the institution of higher education for which the loan was made to enable the borrower to enroll4 7#b7 ,loan cancellation amount ,after the conclusion of the employment period described in paragraph 7#a71 the ,secretary shall cancel the obligation to repay not more than #cj1jjj of principal and interest due as of the time of such cancellation1 on the eligible ,federal ,direct ,loans made to the borrower under this part4 7#c7 ,eligible federal direct loan ,in this subsection1 the term eligible ,federal ,direct ,loan means a ,federal ,direct ,stafford ,loan1 ,federal ,direct ,,plus ,loan1 or ,federal ,direct ,unsubsidized ,stafford ,loan1 or a ,federal ,direct ,consolidation ,loan4 7#d7 ,ineligibility for double benefits ,no borrower may1 for the same service1 receive a reduction of loan obligations under both this subsection and subsection 7m7 or section #dbh;,j1 #dbh,k1 #dbh,l1 or #dfj4 4