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HOUSE 2186116th CongressReferred to the House Committee on Education and Labor.

Student Loan Refinancing Act

Last Action
4/9/2019

Actions

  • 2019-04-09Referred to the House Committee on Education and Labor.
  • 2019-04-09Introduced in House
  • 2019-04-09Introduced in House

CRS Summary

As of 2019-04-09 (00)

Student Loan Refinancing Act

This bill allows a borrower of a Federal Direct Loan program loan to modify the interest rate on the federal student  loan to the current applicable rate. That interest rate is fixed for the life of the loan, unless the borrower elects to modify it again.

Cosponsors (20)

  • Glenn Grothman (R-WI)
  • Donald Payne (D-NJ)
  • Pramila Jayapal (D-WA)
  • BARBARA LEE (D-CA)
  • BENNIE THOMPSON (D-MS)
  • Donald Beyer (D-VA)
  • ADAM SCHIFF (D-CA)
  • Ro Khanna (D-CA)
  • Steve Cohen (D-TN)
  • BOBBY RUSH (D-IL)
  • Julia Brownley (D-CA)
  • Kurt Schrader (D-OR)
  • Brendan Boyle (D-PA)
  • Grace Meng (D-NY)
  • Peter Welch (D-VT)
  • David Loebsack (D-IA)
  • Scott Peters (D-CA)
  • Alan Lowenthal (D-CA)
  • Gwen Moore (D-WI)
  • Jamie Raskin (D-MD)

Subjects

  • Government lending and loan guarantees
  • Higher education
  • Interest, dividends, interest rates
  • Student aid and college costs
Read on Congress.gov

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.