Bill117th CongressFiled Jul 27, 2021Education
H.R. 4725
No Student Loan Interest Act
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in house (Jul 27, 2021)
No Student Loan Interest Act
This bill provides for zero-interest rates on certain federal student loans.
Specifically, the bill sets the interest rate at 0% for (1) existing loans made under the Federal Family Education Loan Program or the Federal Direct Loan Program, and (2) new loans made under the Federal Direct Loan Program.
What just happenedJul 27, 2021
Referred to the House Committee on Education and Labor.
Who’s behind it
Rep. Swalwell, Eric [D-CA-15](D-CA)Sponsor
7 cosponsors7 D
7cosponsors1committees3actions
- Introduced in HouseJul 27, 2021
- Jul 27, 2021IntroReferralH11100
Referred to the House Committee on Education and Labor.
Education and the Workforce Committee - Jul 27, 2021IntroReferralIntro-H
Introduced in House
- Jul 27, 2021IntroReferral1000
Introduced in House