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S 1557 114th Congress Senate Armed Forces and National Security Interest, dividends, interest rates Military personnel and dependents Student aid and college costs

Servicemember Student Loan Affordability Act of 2015

Introduced: June 11, 2015 Introduced by: Durbin, Richard J. Democratic · Illinois See on congress.gov
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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 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 11, 2015
Read twice and referred to the Committee on Veterans' Affairs. (text of measure as introduced: CR S4107-4108)
Jun 11, 2015
Introduced in Senate
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 Plain-English summary Congressional Research Service

Servicemember Student Loan Affordability Act of 2015

Amends the Servicemembers Civil Relief Act to extend the 6% interest rate limitation on debt entered into during a servicemember's military service to any debt entered into to consolidate or refinance one or more student loans incurred before such service.

What's happening now June 11, 2015

Read twice and referred to the Committee on Veterans' Affairs. (text of measure as introduced: CR S4107-4108)

 Related & companion bills 1
  • HR 2718 Related bill Servicemember Student Loan Affordability Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 5
All 5 Democratic 5
D
Schatz, Brian
Hawaii · Jun 16, 2015
 D
Blumenthal, Richard
Connecticut · Jun 11, 2015
 D
Markey, Edward J.
Massachusetts · Jun 11, 2015
 D
Murray, Patty
Washington · Jun 11, 2015
 D
Whitehouse, Sheldon
Rhode Island · Jun 11, 2015
Cite this page click to expand
APA
U.S. Congress. (2026). S. 1557: Servicemember Student Loan Affordability Act of 2015. 114th Congress. Open America. https://openamerica.io/bill/114-S-1557/
MLA
"S. 1557: Servicemember Student Loan Affordability Act of 2015." 114th Congress, 2026, Open America, https://openamerica.io/bill/114-S-1557/.
Bluebook (legal)
S. 1557, 114th Cong. (2026), https://openamerica.io/bill/114-S-1557/.
Markdown link
[S. 1557: Servicemember Student Loan Affordability Act of 2015](https://openamerica.io/bill/114-S-1557/)
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