S.1557: Servicemember Student Loan Affordability Act of 2015

About This Bill

  • Introduced June 11, 2015
  • Latest Major Action June 11, 2015

Bill Summary

Servicemember Student Loan Affordability Act of 2015 Amends the Servicemembers Civil Relief Act to extend the 6% interest rate limitation on debt entered into during a servicemember's military service to any debt entered into to consolidate or refinance one or more student loans incurred before such service.

(Source: Library of Congress)

Bill Actions

Date Description
June 11, 2015
Read twice and referred to the Committee on Veterans' Affairs. (text of measure as introduced: CR S4107-4108)
June 11, 2015

Introduced in the Senate by Richard J. Durbin (D-Ill.)

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