US SB942

Amends the Higher Education Act of 1965 to add medical and dental internship or residency programs as a qualifying category for federal student loan deferment

Creates an interest-free deferment for borrowers serving in medical or dental internship or residency programs, meaning no interest accrues during the deferment period

Suspends required principal payments for eligible borrowers during their residency or internship training

Introduced March 11, 2025 by Senator Rosen (D-NV) with bipartisan co-sponsorship from Senator Boozman (R-AR)

Referred to the Senate Committee on Health, Education, Labor, and Pensions