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H.R. 3675

Student Borrower Fairness Act

Student Borrower Fairness Act

This bill amends the Higher Education Act of 1965 to permit student loan borrowers to refinance their loans at interest rates offered on loans to banks by the Federal Reserve System. The cost of this bill is offset by an amendment to the Internal Revenue Code that increases the corporate income rate on companies that pay their chief executive officers or highest paid employees more than 100 times the median compensation of all their employees.

Referred to the Subcommittee on Higher Education and Workforce Training.

Rep. DeSaulnier, Mark [D-CA-11](D-CA)Sponsor
6 cosponsors6 D
6cosponsors2committees6actions1related bills8subjects
  1. Committee

    Referred to the Subcommittee on Higher Education and Workforce Training.

    Higher Education and Workforce Development Subcomittee
  2. IntroReferralH11100

    Referred to the Committee on Ways and Means, and in addition to the Committee on Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

    Education and the Workforce Committee
  3. IntroReferralH11100-A

    Referred to the Committee on Ways and Means, and in addition to the Committee on Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

  4. IntroReferralH11100

    Referred to the Committee on Ways and Means, and in addition to the Committee on Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

    Ways and Means Committee
  5. IntroReferralIntro-H

    Introduced in House

  6. IntroReferral1000

    Introduced in House

Student Borrower Fairness Act — Informed