Student Loan Interest Deduction Act of 2021

Educational debt, student loans, loan repayment programs, dental school accreditation Reauthorization of the Higher Education Act (student loans, accreditation) S. 449/H.R. 1285, Dental Loan Repayment Assistance Act H.R. 4122/S.3658, Resident Education Deferred Interest Act (REDI Act) H.R. 1918, Student Loan Refinancing and Recalculation Act H.R. 2160, Student Loan Refinancing Act S. 1958/H.R. 3671, the Doctors of Community Act (DOC Act) H.R. 2295, HIV Epidemic Loan-Repayment Program Act Indian Health Service Health Professions Tax Fairness Act H.R. 4631 POST GRAD Act Student loan relief during COVID-19 pandemic Open Access Publishing Public Service Loan Forgiveness Partial loan forgiveness H.R 4726, Student Loan Interest Deduction Act

Client expense: $600,000 · Firm income: Not reported

Government targets: Education, Dept of, HOUSE OF REPRESENTATIVES, Indian Health Service, SENATE

Support for: the Resident Education Deferred Interest (REDI) Act, to provide interest free deferment for physician and dental residents (HR 4122/S 3658); the Protecting Our Students by Terminating Graduate Rates that Add to Debt Act (HR 4631) to reinstate eligibility for graduate and professional students with financial need to receive Direct Subsidized Stafford Loans, which are now only available to undergraduate students; the the Student Loan Refinancing Act (HR 2160) to enable borrowers to refinance their federal student loans on multiple occasions to take advantage of lower interest rates; and the Student Loan Refinancing and Recalculation Act (HR 1918) to provide a chance for borrowers to refinance their federal student loans when interest rates are lower, eliminate loan origination fees and allow medical and dental residents to defer payments until after completing their residency programs, as well as delay the accrual of interest for many low- and middle-income borrowers while they are in school; the Student Loan Interest Deduction Act of 2021 (HR 4726) to double the student loan interest deduction (from $2,500 to $5,000) and eliminate the income limits that prevent those with higher incomes from reaping the benefit; the Indian Health Service Health Professions Tax Fairness Act of 2022 (HR 7539/S 2874) to allow dentists participating in the Indian Health Service Loan Repayment Program to exclude interest and principal payments from their federal income taxes, as well as certain benefits received by those in the Indian Health Professions Scholarships Program; the Dental Loan Repayment Assistance Act (HR 1285/S 449) to allow full-time faculty members participating in the Dental Faculty Loan Repayment Program (DFLRP) to exclude the amount of the loan forgiveness from their federal income taxes; and the HIV Epidemic Loan-Repayment Program Act (HR 2295) that would offer up to $250,000 in educational loan repayment to dentists, physicians, and other health care professionals in exchange for up to five years of service at Ryan White-funded clinical sites and in health profession shortage areas.

Educational debt, student loans, loan repayment programs, dental school accreditation Reauthorization of the Higher Education Act (student loans, accreditation) S. 449/H.R. 1285, Dental Loan Repayment Assistance Act H.R. 4122/S.3658, Resident Education Deferred Interest Act (REDI Act) H.R. 1918, Student Loan Refinancing and Recalculation Act H.R. 2160, Student Loan Refinancing Act S. 1958/H.R. 3671, the Doctors of Community Act (DOC Act) H.R. 2295, HIV Epidemic Loan-Repayment Program Act Indian Health Service Health Professions Tax Fairness Act H.R. 4631 POST GRAD Act Student loan relief during COVID-19 pandemic Open Access Publishing Public Service Loan Forgiveness Partial loan forgiveness H.R 4726, Student Loan Interest Deduction Act

Client expense: $470,000 · Firm income: Not reported