College Student Aid: Another Tax-Free Benefit of the CARES Act

Meanwhile, Rep. Carolyn Maloney, D-N.Y., said she plans to introduce a bill, the Student Debt Forgiveness for Frontline Health Care Workers Act, that would eliminate graduate school debt for health care workers who are providing direct patient care in response to the COVID-19 pandemic. The relief would apply to nurses, doctors and other health care professionals who have been treating COVID-19 patients and are still paying off their student loans, whether they are recent graduates or more experienced providers.

Front-line health care workers are “not immune to the economic consequences that have already affected workers in all sectors as a result of this public health crisis,” said Maloney in a statement. “This would be a significant step toward strengthening the health care system during the COVID-19 response and beyond by investing in essential personnel.”

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