delete PART 620—CYBERCORPS® SCHOLARSHIP FOR SERVICE (SFS) PROGRAM
The CyberCorps SFS program provides scholarships to cybersecurity students at participating institutions, requiring post-graduation service in federal, state, local, tribal, or qualifying nonprofit cybersecurity roles for a period equal to scholarship duration. Recipients must begin service within 18 months and complete it within 5 years, with repayment or loan conversion for non-compliance. Deferrals and discharges are available for hardship, disability, or exceptional circumstances. The program aims to bolster the public sector cybersecurity workforce.
Federal intervention distorts labor markets, crowds out private scholarships, and misallocates educational resources. Administrative costs and compliance burdens impose hidden taxes, while the repayment mechanism creates moral hazard. Market forces alone would better balance cybersecurity workforce needs without bureaucratic central planning.