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HR 4139 118th Congress House Education

Student Loan Refinancing Act

Introduced: June 14, 2023 Introduced by: Turner, Michael R. Republican · Ohio See on congress.gov
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This bill died when the 118th Congress ended
It never became law before the 118th Congress (2023–2024) 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 14, 2023
Referred to the House Committee on Education and the Workforce.
Jun 14, 2023
Introduced in House
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 Plain-English summary Congressional Research Service

Student Loan Refinancing Act

This bill establishes a refinancing program for federal student loans.

Specifically, the Department of Education (ED) must, within 30 days, establish a program that allows borrowers to refinance their federal student loans down to lower interest rates. The refinanced interest rates are (1) calculated based on the type of student loan (e.g., Stafford), and (2) fixed for the period of the loan.

In addition, the bill requires ED to coordinate with the Consumer Financial Protection Bureau to alert borrowers of their program eligibility.

What's happening now June 14, 2023

Referred to the House Committee on Education and the Workforce.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 3
All 3 Democratic 2 Republican 1
D
Doggett, Lloyd
Texas · Jun 14, 2023
 R
Fitzpatrick, Brian K.
Pennsylvania · Jun 14, 2023
 D
Norcross, Donald
New Jersey · Jun 14, 2023
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 4139: Student Loan Refinancing Act. 118th Congress. Open America. https://openamerica.io/bill/118-HR-4139/
MLA
"H.R. 4139: Student Loan Refinancing Act." 118th Congress, 2026, Open America, https://openamerica.io/bill/118-HR-4139/.
Bluebook (legal)
H.R. 4139, 118th Cong. (2026), https://openamerica.io/bill/118-HR-4139/.
Markdown link
[H.R. 4139: Student Loan Refinancing Act](https://openamerica.io/bill/118-HR-4139/)
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