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This bill amends the Higher Education Act to allow members of the National Guard and reserve components of the Armed Forces to receive credit toward Public Service Loan Forgiveness (PSLF) for periods of duty other than active duty lasting more than 30 days. Under the bill, qualifying months of covered duty (calculated by dividing days served by 20) would count as months toward PSLF if the borrower made a corresponding monthly loan payment during that year, with no annual cap on the number of qualifying payments credited.
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