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S. 1557

Servicemember Student Loan Affordability Act of 2015

Servicemember Student Loan Affordability Act of 2015

Amends the Servicemembers Civil Relief Act to extend the 6% interest rate limitation on debt entered into during a servicemember's military service to any debt entered into to consolidate or refinance one or more student loans incurred before such service.

Read twice and referred to the Committee on Veterans' Affairs. (text of measure as introduced: CR S4107-4108)

Sen. Durbin, Richard J. [D-IL](D-IL)Sponsor
7 cosponsors7 D
7cosponsors1committees2actions1related bills3subjects
  1. IntroReferral

    Read twice and referred to the Committee on Veterans' Affairs. (text of measure as introduced: CR S4107-4108)

    Veterans' Affairs Committee
  2. IntroReferral10000

    Introduced in Senate

Servicemember Student Loan Affordability Act of 2015 — Informed