S.1541: Private Student Loan Debt Swap Act of 2009

About This Bill

  • This bill was introduced in the 111th Congress
  • This bill is primarily about education
  • Introduced July 30, 2009
  • Latest Major Action July 30, 2009

Bill Summary

Private Student Loan Debt Swap Act of 2009 - Amends title IV (Student Assistance) of the Higher Education Act of 1965 to direct the Secretary of Education to implement a Private Education Loan Debt Swap program. Requires the Secretary, under such program, to refinance the private education loans of certain borrowers who: (1) after July 1, 1994, were eligible for unsubsidized Stafford Loans under the Federal Family Education Loan (FFEL)...

(Source: Library of Congress)

Bill Actions

Date Description
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
July 30, 2009

Introduced in the Senate by Sherrod Brown (D-Ohio)

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