Skip to main content
H.R. 1918 117th Congress House

Student Loan Refinancing and Recalculation Act

Official title: To provide for the refinancing and recalculation of certain Federal student loans, and for other purposes.

Introduced: March 16, 2021 Introduced by: John Garamendi Democratic · California See on congress.gov
Education Government lending and loan guaranteesHigher educationInterest, dividends, interest ratesMedical education
More subjectsShow fewer subjects
Student aid and college costsUser charges and fees
Sign in to write a letter Sign in to watch
This bill died when the 117th Congress ended
It never became law before the 117th Congress (2021–2022) 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
Mar 16, 2021
Sponsor introductory remarks on measure. (CR E257)
Mar 16, 2021
Introduced in House
Mar 16, 2021
Referred to the House Committee on Education and Labor.
 Ask about this bill AI · grounded in the bill text

Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.

AI answers can be imperfect; always confirm against the full bill text.

 Latest action March 16, 2021

Referred to the House Committee on Education and Labor.

 Plain-English summary Congressional Research Service

Student Loan Refinancing and Recalculation Act

This bill provides for the refinancing or deferral of certain federal student loans.

Specifically, the bill directs the Department of Education to establish a program to refinance the outstanding principal, interest, and late charges on federal student loans in order to give borrowers fixed interest rates equal to the 10-year Treasury note rate plus one percentage point. Further, the bill eliminates origination fees on the loans.

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

 Related & companion bills 2
  • HR 1899 Reintroduction of Student Loan Refinancing and Recalculation Act
  • S 847 Student Loan Tax Elimination Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 30
All 30 Democratic 17 Republican 2
D
Doggett, Lloyd
Texas · Apr 21, 2022
 D
Schneider, Bradley Scott
Illinois · Mar 31, 2022
 D
Costa, Jim
California · Feb 1, 2022
DOYLE, MIKE
· Oct 20, 2021
 D
Ross, Deborah K.
North Carolina · Jun 25, 2021
 R
Garbarino, Andrew R.
New York · Jun 15, 2021
 D
Scott, David
Georgia · May 19, 2021
 D
Suozzi, Thomas R.
New York · May 13, 2021
 D
Torres, Norma J.
California · May 13, 2021
Jackson Lee, Sheila
· May 4, 2021
Posey, Bill
· May 4, 2021
Ruppersberger, C.
· May 4, 2021
 D
Soto, Darren
Florida · May 4, 2021
Spanberger, Abigail
· May 4, 2021
Vela, Filemon
· May 4, 2021
 D
Pingree, Chellie
Maine · Mar 26, 2021
 D
Boyle, Brendan F.
Pennsylvania · Mar 16, 2021
Bustos, Cheri
· Mar 16, 2021
 D
Carbajal, Salud O.
California · Mar 16, 2021
 D
Cohen, Steve
Tennessee · Mar 16, 2021
 D
Craig, Angie
Minnesota · Mar 16, 2021
 R
Fitzpatrick, Brian K.
Pennsylvania · Mar 16, 2021
 D
Gonzalez, Vicente
Texas · Mar 16, 2021
 D
Harder, Josh
California · Mar 16, 2021
Katko, John
· Mar 16, 2021
 D
Krishnamoorthi, Raja
Illinois · Mar 16, 2021
 D
Meng, Grace
New York · Mar 16, 2021
Rice, Kathleen
· Mar 16, 2021
Sires, Albio
· Mar 16, 2021
 D
Tonko, Paul
New York · Mar 16, 2021
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 1918: Student Loan Refinancing and Recalculation Act. 117th Congress. Open America. https://openamerica.io/bill/117-HR-1918/
MLA
"H.R. 1918: Student Loan Refinancing and Recalculation Act." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-HR-1918/.
Bluebook (legal)
H.R. 1918, 117th Cong. (2026), https://openamerica.io/bill/117-HR-1918/.
Markdown link
[H.R. 1918: Student Loan Refinancing and Recalculation Act](https://openamerica.io/bill/117-HR-1918/)
Report a problem