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- S.3953
S.3953: Affordable Loans for Any Student Act
About This Bill
- Introduced March 30, 2022
- Latest Major Action March 30, 2022
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
9 (All Democrats)
Bill Version
- Introduced in Senate - March 30, 2022
Bill Summary
Affordable Loans for Any Student Act This bill addresses repayment options, loan disclosures, and loan counseling for student loans. The bill revises requirements concerning repayment options for student loan borrowers. For instance, the bill terminates interest capitalization and origination fees for Federal Direct Loans, provides assistance to low-income borrowers or borrowers who are delinquent on loan payments, and replaces the existing...
(Source: Library of Congress)
Bill Actions
Date | Description |
---|---|
March 30, 2022 |
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
|
March 30, 2022 |
Introduced in the Senate by Jeff Merkley (D-Ore.) |