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S 4002 116th Congress Senate Armed Forces and National Security Higher education Interest, dividends, interest rates Military personnel and dependents Student aid and college costs

Servicemember Student Loan Affordability Act of 2020

Introduced: June 18, 2020 Introduced by: Durbin, Richard J. Democratic · Illinois See on congress.gov
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This bill died when the 116th Congress ended
It never became law before the 116th Congress (2019–2020) 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 18, 2020
Read twice and referred to the Committee on Veterans' Affairs. (text: CR S3104)
Jun 18, 2020
Introduced in Senate
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 Plain-English summary Congressional Research Service

Servicemember Student Loan Affordability Act of 2020

This bill extends the 6% interest rate limitation on debt entered into during a service member'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 18, 2020

Read twice and referred to the Committee on Veterans' Affairs. (text: CR S3104)

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Democratic 1
D
Duckworth, Tammy
Illinois · Jun 18, 2020
Cite this page click to expand
APA
U.S. Congress. (2026). S. 4002: Servicemember Student Loan Affordability Act of 2020. 116th Congress. Open America. https://openamerica.io/bill/116-S-4002/
MLA
"S. 4002: Servicemember Student Loan Affordability Act of 2020." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-S-4002/.
Bluebook (legal)
S. 4002, 116th Cong. (2026), https://openamerica.io/bill/116-S-4002/.
Markdown link
[S. 4002: Servicemember Student Loan Affordability Act of 2020](https://openamerica.io/bill/116-S-4002/)
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