HOUSE 2160117th CongressReferred to the House Committee on Education and Labor.
Student Loan Refinancing Act
- Last Action
- 3/23/2021
Actions
- 2021-03-23Referred to the House Committee on Education and Labor.
- 2021-03-23Introduced in House
- 2021-03-23Introduced in House
CRS Summary
As of 2021-03-23 (00)
Student Loan Refinancing Act
This bill allows a borrower of a Federal Direct Loan to modify the interest rate on the loan to the current applicable rate. The interest rate shall be fixed for the life of the loan, unless the borrower elects to modify it again.
Cosponsors (7)
- Bill Posey (R-FL)
- Filemon Vela (D-TX)
- Glenn Grothman (R-WI)
- Andrew Garbarino (R-NY)
- Tom Rice (R-SC)
- Scott Peters (D-CA)
- Gwen Moore (D-WI)
Subjects
- Government lending and loan guarantees
- Higher education
- Interest, dividends, interest rates
- Student aid and college costs
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.