REDI Act
Student Loan Interest Relief for Doctors and Dentists in Training
Stalled
No legislative action in over 90 days.
Legislative Progress
Key Points
- This bill, introduced by Senator Rosen, would allow doctors and dentists to pause their federal student loan payments while they are completing their residency or internship programs.
- Under current rules, many medical residents must either pay their loans or watch the interest grow while they are still in training and earning low wages. This bill would stop interest from building up during this period.
- The plan aims to help young healthcare professionals manage high debt loads, which often reach hundreds of thousands of dollars, so they can focus on their medical training without financial stress.
- By making it more affordable to become a doctor or dentist, supporters hope to encourage more people to enter the medical field and help address healthcare worker shortages across the country.
- If this becomes law, it would apply to anyone in a qualified medical or dental residency program, potentially saving individual borrowers thousands of dollars in interest costs over several years.
Impact Analysis
Govbase has not yet run an impact analysis on this legislation.
Milestones
Committee on Health, Education, Labor, and Pensions. Hearings held.
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Sent to a congressional committee for expert review. The committee decides whether this bill moves forward.
Introduced in Senate
The bill was officially filed and given a number. It now enters the legislative queue.
Votes
No votes have been recorded for this legislation yet.
News
No related news coverage found for this legislation yet.
Source Information
Document Type
Congressional Bill
Official Title
REDI Act
Data Sources
Sponsor
Cosponsors
(13)Analysis generated by AI. Always verify with official sources.