S 282
110th Congress
Senate
Education
Economics and Public Finance
Federally-guaranteed loans
Finance and Financial Sector
Higher education
Interest rates
Student loan funds
College Student Relief Act of 2007
Introduced: January 12, 2007
Introduced by:
Durbin, Richard J.
Democratic
· Illinois
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 12, 2007
Read twice and referred to the Committee on Health, Education, Labor, and Pensions. (text of measure as introduced: CR S516)
Jan 12, 2007
Sponsor introductory remarks on measure. (CR S515-516)
Jan 12, 2007
Introduced in Senate
Plain-English summary
College Student Relief Act of 2007 - Amends the Higher Education Act of 1965 to phase-in cuts in the interest rate charged undergraduate student borrowers of subsidized loans under the Federal Family Education Loan (FFEL) program, thereby reducing such rate from 6.8% in July 2006 to 3.4% in July 2011.
What's happening now
Read twice and referred to the Committee on Health, Education, Labor, and Pensions. (text of measure as introduced: CR S516)
Committees of jurisdiction
1