,,ii #aag? ,,congress #b;d ,session ,s4 #dcdb ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,may #bf1 #bjbb,mr4 ,:iteh\se introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,heal?1 ,education1 ,labor1 & ,p5sions ,a ,,bill ,to am5d ! ,high] ,education ,act ( #aife to au?orize a new /ud5t loan =giv5ess program4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,af=d+ ,/ud5ts ,a ,pa? to ,=giv5ess ,act or ! ,,asap ,=giv5ess ,act4 #b4 ,loan =giv5ess program = employm5t ,section #dee ( ! ,high] ,education ,act ( #aife 7#bj ,u4,s4,c4 #ajhg;e7 is am5d$ by add+ at ! end ! foll[+3 7r7 ,loan =giv5ess = employm5t 7#a7 ,9 g5]al ,! ,secret>y %all cancel n m ?an #cj1jjj ( int]e/ & pr9cipal due1 9 accordance ) p>agraph 7#b71 on any eligible ,f$]al ,direct ,loan t is 9 repaym5t /atus on or aft] ! date ( enactm5t ( ?is subsection = a borr[] :o-- 7,a7 has made n less ?an #fj mon?ly paym5ts on ! eligible ,f$]al ,direct ,loan pursuant to any repaym5t plan au?oriz$ "u ?is ,act2 & 7,b7 has be5 employ$1 on a full-"t or "p-"t basis1 = #aj ye>s aft] graduat+ f1 or o!rwise leav+1 ! in/itution ( high] education = :i* ! loan 0 made to enable ! borr[] to enroll4 7#b7 ,loan cancellation am\nt ,aft] ! conclusion ( ! employm5t p]iod describ$ 9 p>agraph 7#a71 ! ,secret>y %all cancel ! obligation to repay n m ?an #cj1jjj ( pr9cipal & int]e/ due z ( ! "t ( su* cancellation1 on ! eligible ,f$]al ,direct ,loans made to ! borr[] "u ?is "p4 7#c7 ,eligible f$]al direct loan ,9 ?is subsection1 ! t]m eligible ,f$]al ,direct ,loan means a ,f$]al ,direct ,/af=d ,loan1 ,f$]al ,direct ,,plus ,loan1 or ,f$]al ,direct ,unsubsidiz$ ,/af=d ,loan1 or a ,f$]al ,direct ,consolidation ,loan4 7#d7 ,ineligibility = d\ble b5efits ,no borr[] may1 = ! same s]vice1 receive a r$uction ( loan obligations "u bo? ?is subsection & subsection 7m7 or section #dbh;,j1 #dbh,k1 #dbh,l1 or #dfj4 4