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H.R. 1614

Student Loan Refinancing Act

Student Loan Refinancing Act

This bill amends title IV (Student Assistance) of the Higher Education Act of 1965 to allow a borrower of a Federal Direct Loan program loan to modify the interest rate on such a 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.

Referred to the House Committee on Education and the Workforce.

Rep. Pocan, Mark [D-WI-2](D-WI)Sponsor
58 cosponsors55 D3 R
58cosponsors1committees3actions2related bills4subjects
  1. IntroReferralH11100

    Referred to the House Committee on Education and the Workforce.

    Education and the Workforce Committee
  2. IntroReferralIntro-H

    Introduced in House

  3. IntroReferral1000

    Introduced in House

Student Loan Refinancing Act — Informed