LD 1871
pg. 1
LD 1871 Title Page Resolve, To Provide for the Reorganization of the Student Loan Repayment and Fo... LD 1871 Title Page
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LR 2729
Item 1
 
Sec. 1. Conversion of loan forgiveness program. Resolved: That the
Commissioner of Education shall work with the Chief Executive
Officer of the Finance Authority of Maine to develop and present
legislation to the First Regular Session of the 122nd Legislature
that converts the State's education loan forgiveness programs to
loan repayment programs and streamlines entry into and
administration of loan repayment programs. Special consideration
must be given to maintaining the State's commitment to current
participants in loan repayment and loan forgiveness programs.

 
SUMMARY

 
This resolve requires the Department of Education and the
Finance Authority of Maine to work together to develop and
present to the First Regular Session of the 122nd Legislature
legislation to convert higher education loan forgiveness programs
to loan repayment programs. The legislation must also streamline
the State's loan repayment programs and maintain the State's
commitment to current loan repayment and forgiveness program
participants.

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