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- H.R.1899
H.R.1899: Student Loan Refinancing and Recalculation Act
About This Bill
- Introduced March 27, 2019
- Latest Major Action March 27, 2019
- See the five similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
33 (31 Democrats, 2 Republicans)
Bill Version
- Introduced in House - March 27, 2019
Bill Summary
Student Loan Refinancing and Recalculation Act This bill provides for the refinancing or deferral of certain federal student loans. Specifically, the bill directs the Department of Education to establish a program to refinance the outstanding principal, interest, and late charges on federal student loans in order to give borrowers fixed interest rates equal to the 10-year Treasury note rate plus one percentage point. Further, the bill...
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
Date | Description |
---|---|
March 27, 2019 |
Referred to the House Committee on Education and Labor.
|
March 27, 2019 |
Introduced in the House by John Garamendi (D-Calif.) |