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HR 4001 115th Congress House Education Government lending and loan guarantees Higher education Interest, dividends, interest rates Medical education Student aid and college costs User charges and fees

Student Loan Refinancing and Recalculation Act

Introduced: October 10, 2017 Introduced by: Garamendi, John Democratic · California See on congress.gov
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This bill died when the 115th Congress ended
It never became law before the 115th Congress (2017–2018) 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
Oct 10, 2017
Referred to the House Committee on Education and the Workforce.
Oct 10, 2017
Sponsor introductory remarks on measure. (CR H7906)
Oct 10, 2017
Introduced in House
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 Plain-English summary Congressional Research Service

Student Loan Refinancing and Recalculation Act

This bill amends the Higher Education Act of 1965 to direct the Department of Education to establish a program to refinance the outstanding principal, interest, and late charges on Federal Direct Loans (DLs) and Federal Family Education Loans (FFELs) in order to give a borrower a fixed interest rate equal to the 10-year Treasury note rate plus one percentage point.

In addition, the bill allows borrowers in medical or dental internship or residency programs to defer student loan payments until the completion of their programs.

What's happening now October 10, 2017

Referred to the House Committee on Education and the Workforce.

 Related & companion bills 6
  • HR 2477 Related bill Bank on Students Emergency Loan Refinancing Act
  • HR 3346 Related bill Student Opportunity Act
  • HR 3390 Related bill Student Loan Relief Act of 2017
  • HR 3835 Related bill Eliminating the Hidden Student Loan Tax Act
  • S 1162 Related bill Bank on Students Emergency Loan Refinancing Act
  • S 1521 Related bill Student Loan Relief Act of 2017
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 19
All 19 Democratic 18 Republican 1
D
Soto, Darren
Florida · May 3, 2018
 D
DeSaulnier, Mark
California · Apr 24, 2018
 D
Carson, André
Indiana · Apr 17, 2018
 D
Cohen, Steve
Tennessee · Apr 17, 2018
 D
Pocan, Mark
Wisconsin · Apr 17, 2018
 D
Cuellar, Henry
Texas · Mar 26, 2018
 D
Norton, Eleanor Holmes
District of Columbia · Mar 26, 2018
 D
Meng, Grace
New York · Jan 29, 2018
 D
Carbajal, Salud O.
California · Oct 19, 2017
 D
Krishnamoorthi, Raja
Illinois · Oct 19, 2017
 D
Boyle, Brendan F.
Pennsylvania · Oct 10, 2017
 D
Chu, Judy
California · Oct 10, 2017
 D
Costa, Jim
California · Oct 10, 2017
 D
Doggett, Lloyd
Texas · Oct 10, 2017
 R
Fitzpatrick, Brian K.
Pennsylvania · Oct 10, 2017
 D
Gonzalez, Vicente
Texas · Oct 10, 2017
 D
Meeks, Gregory W.
New York · Oct 10, 2017
 D
Pingree, Chellie
Maine · Oct 10, 2017
 D
Tonko, Paul
New York · Oct 10, 2017
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 4001: Student Loan Refinancing and Recalculation Act. 115th Congress. Open America. https://openamerica.io/bill/115-HR-4001/
MLA
"H.R. 4001: Student Loan Refinancing and Recalculation Act." 115th Congress, 2026, Open America, https://openamerica.io/bill/115-HR-4001/.
Bluebook (legal)
H.R. 4001, 115th Cong. (2026), https://openamerica.io/bill/115-HR-4001/.
Markdown link
[H.R. 4001: Student Loan Refinancing and Recalculation Act](https://openamerica.io/bill/115-HR-4001/)
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