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HR 5567 114th Congress House

Student Loan Interest Rate Parity Act

Official title: To amend the Higher Education Act of 1965 to require that all Federal Direct Stafford Loans, Federal Direct Unsubsidized Stafford Loans, and Federal Direct PLUS Loans have the same rates of interest.

Introduced: September 28, 2016 See on congress.gov
Education Government lending and loan guaranteesHigher educationInterest, dividends, interest ratesStudent aid and college costs
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This bill died when the 114th Congress ended
It never became law before the 114th Congress (2015–2016) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 19, 2016
Referred to the Subcommittee on Higher Education and Workforce Training.
Jun 22, 2016
Referred to the House Committee on Education and the Workforce.
Jun 22, 2016
Introduced in House
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 Latest action September 19, 2016

Referred to the Subcommittee on Higher Education and Workforce Training.

 Plain-English summary Congressional Research Service

Student Loan Interest Rate Parity Act

This bill amends title IV (Student Assistance) of the Higher Education Act of 1965 to reduce the interest rates on Federal Direct Unsubsidized Loans and Federal Direct PLUS Loans disbursed on or after July 1, 2016.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Cosponsors 1
All 1 Democratic 1
D
Meeks, Gregory W.
New York · Sep 28, 2016
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 5567: Student Loan Interest Rate Parity Act. 114th Congress. Open America. https://openamerica.io/bill/114-HR-5567/
MLA
"H.R. 5567: Student Loan Interest Rate Parity Act." 114th Congress, 2026, Open America, https://openamerica.io/bill/114-HR-5567/.
Bluebook (legal)
H.R. 5567, 114th Cong. (2026), https://openamerica.io/bill/114-HR-5567/.
Markdown link
[H.R. 5567: Student Loan Interest Rate Parity Act](https://openamerica.io/bill/114-HR-5567/)
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