Tuesday, March 4, 2008

Update on student relief bill HR 4137

As posted on earlier, here is an update on this important bill. HR 4137 is The College Opportunity and Affordable Act, which allows for federal loan repayment support for some professions. Congress recently revised this act to include Physical Therapists. This could be a great opportunity for those of us who enter the career swimming in debt.

"Physical therapists (PTs) who choose to work with children, adolescents or veterans would be eligible to apply for student loan forgiveness under legislation approved Thursday, February 7, by the US House of Representatives. Rep Joe Sestak's (D-PA) amendment to the College Opportunity and Affordability Act of 2007 (HR 4137) authorizes the US Secretary of Education to forgive a portion of qualifying student loan debt to PTs practicing in areas of national need."

Now the bill must make it through the Senate. If approved this could be HUGE! Stay tuned for updates.

See the original article: http://www.medicalnewstoday.com/articles/92277.php

Brett Neilson
PTWA Student Liason

No comments:

Post a Comment