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- H.R.649
H.R.649: Student Loan Refinancing Act
About This Bill
- Introduced Feb. 2, 2015
- Latest Major Action April 29, 2015
- See the four similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
52 (49 Democrats, 3 Republicans)
Bill Version
- Introduced in House - Feb. 2, 2015
Bill Summary
Student Loan Refinancing Act Amends title IV (Student Assistance) of the Higher Education Act of 1965 to allow a borrower of a loan under the William D. Ford Federal Direct Loan program to modify the interest rate on such a loan so that its interest rate is equal to the interest rate it would bear if first disbursed at the time of modification. Fixes that interest rate for the life of the loan, unless the borrower elects to modify it again.
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
Date | Description |
---|---|
April 29, 2015 |
Referred to the Subcommittee on Higher Education and Workforce Training.
|
Feb. 2, 2015 |
Referred to the House Committee on Education and the Workforce.
|
Feb. 2, 2015 |
Introduced in the House by Mark Pocan (D-Wis.) |