A bill to amend the direct and guaranteed student loan programs under the Higher Education Act of 1965 to publicize the current loan deferral program for full-time volunteers with the Peace Corps, VISTA, and tax-exempt organizations, and for other purposes.
Higher Education Amendments of 1987 - Amends the Higher Education Act of 1965 to require the dissemination of the terms and conditions under which students receiving guaranteed student loans or direct student loans may: (1) obtain deferral of the repayment of the principal and interest for service under the Peace Corps Act, the Domestic Volunteer Service Act of 1973 (VISTA), or for comparable full-time service as a volunteer for a tax-exempt organization; and (2) obtain cancellation of the student loan for service under the Peace Corps Act or VISTA.
Referred to Subcommittee on Postsecondary Education.
Introduced in Senate
Read twice and referred to the Committee on Labor and Human Resources.
Referred to Subcommittee on Education, Arts, Humanities.
Committee on Labor and Human Resources requested executive comment from Education Department.
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