H.R.1918: Student Loan Refinancing and Recalculation Act

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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

There are 5 statements associated with H.R.1918.

Bill Actions

Date Description
March 16, 2021
Referred to the House Committee on Education and Labor.
March 16, 2021

Introduced in the House by John Garamendi (D-Calif.)

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