Student Loan Refinancing Act

Summary

Official

Student Loan Refinancing Act This bill allows a borrower of a Federal Direct Loan to modify the interest rate on the loan to the current applicable rate. The interest rate shall be fixed for the life of the loan, unless the borrower elects to modify it again.

How would you vote on this bill?

Yes No

Bill Progress

Bill has been introduced and assigned a number

Introduced(3/23/21)

Committee

Passed House

Passed Senate

President

Law

Sponsor

Mr. Pocan

House (D) Wisconsin – 2

Cosponsors (4)

Grothman

House (R) Wisconsin

Moore

House (D) Wisconsin

Garbarino

House (R) New York

Peters

House (D) California

Latest Action

Referred to the House Committee on Education and Labor.

Mar 23, 2021