Welp, it took me a damn minute, but I read the text of the bill.
And I looked up the definiton of “public service job” as defined in 20 U.S.C 1087e(m), section 455(m).
(B)The term “public service job” means— (i)a full-time job in emergency management, government (excluding time served as a member of Congress), military service, public safety, law enforcement, public health (including nurses, nurse practitioners, nurses in a clinical setting, and full-time professionals engaged in health care practitioner occupations and health care support occupations, as such terms are defined by the Bureau of Labor Statistics), public education, social work in a public child or family service agency, public interest law services (including prosecution or public defense or legal advocacy on behalf of low-income communities at a nonprofit organization), early childhood education (including licensed or regulated childcare, Head Start, and State funded prekindergarten), public service for individuals with disabilities, public service for the elderly, public library sciences, school-based library sciences and other school-based services, or at an organization that is described insection 501©(3) of title 26and exempt from taxation under section 501(a) of such title; or (ii)teaching as a full-time faculty member at a Tribal College or University as defined insection 1059c(b) of this title and other faculty teaching in high-needs subject areas or areas of shortage (including nurse faculty, foreign language faculty, and part-time faculty at community colleges), as determined by the Secretary.
That looks okay to me. A friend of mine from college paid for med school by agreeing to practice medicine in an “underserved” geographical location for some length of time after getting his MD. That was a state program (Indiana), as I recall, but it worked out pretty well for him. This seems similar?
ETA: I just noticed that 501c3 is in there too. That means people who work for theatre companies, museums, orchestras, etc. are also eligible.
The actual problem, though, is that Section 301(a)(5)(B) of the proposed bill says that the student loan forgiveness runs as follows:
- 2 years in a public service job = 15% of your loan balance gets forgiven
- 4 years in a public service job = 15% of your loan balance gets forgiven (yes, I know this makes no sense to me either)
- 6 years in a public service job = 20% of your loan balance gets forgiven
- 8 years in a public service job = 20% of your loan balance gets forgiven (again, what?)
- 10 years in a public service job = 30% of your loan balance gets forgiven (This is the maximum possible)
So ultimately not super useful.
ETA #2: Unless those percentages are meant to be additive; they’d have to iron that out in the real bill.