• rss
  • facebook
  • twitter
  • linkedin

Advocacy Brief: Legislation to Reinstate 20/220 Introduced in Congress

Legislation to reinstate the 20/220 loan deferment pathway was introduced in both the House and Senate in late March. This pathway is the economic hardship deferment qualification criterion that 67% of the nationís medical residents have relied upon to defer their student loan debts while completing residency training. Without this deferment option, starting on July 1, 2009, the majority of medical residents, who previously would have otherwise been able to defer repayment for up to three years time during their residency, will be forced to begin repayment immediately or seek forbearance. The legislation will permanently restore the 20/220 pathway and expand the current economic hardship qualifications. ACP endorsed the legislation last week and is working hard to have this important loan deferment pathway reinstated.

Back to April 2009 Issue of IMpact

More Articles Like This

Students: Join ACP for Free

Benefits of Membership for Students: ACP's free Medical Student Membership includes benefits designed especially to meet students' needs.

Join Now: Sign-up today and begin enjoying the benefits of ACP Medical Student Membership.

Find a Residency

Search ACP's Internal Medicine Residency Database for information on all internal medicine residency programs in the U.S. and Canada. (ACP Members only)

More search options

Share this article

Bookmark and Share

New Leadership Webinars

New Leadership Webinars

The ACP Leadership Academy is offering FREE webinars covering the core tenets of leadership, leadership in hospital medicine, finance, and more.

Join ACP Today!

Join ACP Today!

ACP membership connects you with like-minded colleagues and provides access to a variety of clinical resources, practice tools, and ways to earn MOC and CME.