S704-118

Introduced

To amend the Higher Education Act of 1965 to provide for interest-free deferment on student loans for borrowers serving in a medical or dental internship or residency program.

118th Congress Introduced Mar 8, 2023

Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.

Summary

What This Bill Does

The bill requires deferment during a medical or dental internship or residency program Section 455(f) of the Higher Education Act of 1965 (20 U.S.C. It relies on definition changes and compliance mandates. The main policy areas are Education, Finance, and Healthcare.

Who Benefits and How

The main beneficiaries are the people, organizations, or agencies identified in the bill's substantive provisions.

Who Bears the Burden and How

Federal, state, or local agencies responsible for implementing the clause would take on compliance duties, Patients and health care consumers affected by the bill would take on compliance duties, and Financial services firms and customers affected by the bill would take on compliance duties.

Key Provisions

  • Requires deferment during a medical or dental internship or residency program Section 455(f) of the Higher Education Act of 1965 (20 U.S.C.

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.

At a Glance

What This Bill Does

The bill requires deferment during a medical or dental internship or residency program Section 455(f) of the Higher Education Act of 1965 (20 U.S.C.

Key Policy Areas

Education, Finance, Healthcare

Primary Purpose

The bill requires deferment during a medical or dental internship or residency program Section 455(f) of the Higher Education Act of 1965 (20 U.S.C.

Policy Domains

Education Finance Healthcare

Whole bill

Identified Costs
  • Federal, state, or local agencies responsible for implementing the clause
  • Patients and health care consumers affected by the bill
  • Financial services firms and customers affected by the bill
  • Educational institutions and students affected by the bill
Model: codex-gpt-5:bulk-repair | Version: bill_summary_v2 | Source: is
Patients and health care consumers affected by the bill:
Educational institutions and students affected by the bill:
Financial services firms and customers affected by the bill:
Federal, state, or local agencies responsible for implementing the clause:

Legislative Progress

Introduced
Introduced Committee Passed
Mar 8, 2023

Ms. Rosen (for herself and Mr. Boozman) introduced the following …

Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Education Finance Healthcare

We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.

Learn more about our methodology