H.R.1029: Student Loan Fairness Act of 2005

About This Bill

Bill Sponsor

Bill Cosponsors

85 (77 Democrats, 9 Republicans)

Bill Summary

Student Loan Fairness Act of 2005 - Amends the Higher Education Act of 1965 to revise student aid requirements for consolidation loans. Repeals a prohibition against refinancing consolidation loans. Allows borrowers to select lenders of consolidation loans. Requires lenders and institutions to provide certain information on consolidation loans to applicants. Revises interest rates on consolidated and reconsolidated loans.

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Education and the Workforce.
Referred to the Subcommittee on 21st Century Competitiveness.
March 1, 2005

Introduced in the House by David Wu (D-Ore.)

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