Loan Forgiveness for Covid-19 Responders
The program is called the Student Debt Forgiveness for Frontline Health Care Workers Act, and is focused on workers providing direct patient care in response to the Covid-19 pandemic.
The legislation was introduced by Congresswoman Carolyn Maloney to attract and support medical professionals from all specialties to help with the Pandemic.
“Medical professionals in hospitals and other medical settings are operating in extraordinarily difficult and dangerous circumstances to provide care for critically ill COVID-19 patients and protect our communities,” said Maloney in a statement. “New York City has been hit particularly hard in the pandemic, and many other areas of the country are beginning to experience surges in patients with COVID-19 symptoms, putting great stress on health care institutions and their employees. The least we can do to recognize their service is to forgive their graduate student loan debt so that they are not forced to worry about their financial wellbeing in addition to their health and the health of their families while they respond to a public health emergency.”
The legislation would provide financial relief to new graduates, as well as experienced professionals that are already in the field, including doctors, nurses, and other healthcare professionals.