Student Loan Refinancing Act This bill allows a borrower of a Federal Direct Loan program loan to modify the interest rate on the federal student loan to the current applicable rate. That interest rate is fixed for the life of the loan, unless the borrower elects to modify it again.
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Timeline
Introduced in House
Referred to the House Committee on Education and Labor.
Introduced in House
Referred to the House Committee on Education and Labor.
Education
Government lending and loan guaranteesHigher educationInterest, dividends, interest ratesStudent aid and college costs
Student Loan Refinancing Act
USA116th CongressHR-2186| House
| Updated: 4/9/2019
Student Loan Refinancing Act This bill allows a borrower of a Federal Direct Loan program loan to modify the interest rate on the federal student loan to the current applicable rate. That interest rate is fixed for the life of the loan, unless the borrower elects to modify it again.