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HR 2160 117th Congress House Education Government lending and loan guarantees Higher education Interest, dividends, interest rates Student aid and college costs

Student Loan Refinancing Act

Introduced: March 23, 2021 Introduced by: Pocan, Mark Democratic · Wisconsin See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 23, 2021
Referred to the House Committee on Education and Labor.
Mar 23, 2021
Introduced in House
 Plain-English summary Congressional Research Service

Student Loan Refinancing Act

This bill allows a borrower of a Federal Direct Loan to modify the interest rate on the loan to the current applicable rate. The interest rate shall be fixed for the life of the loan, unless the borrower elects to modify it again.

What's happening now March 23, 2021

Referred to the House Committee on Education and Labor.

 Committees of jurisdiction 1