HR 1029 · 109th Congress · Education

Student Loan Fairness Act of 2005

Introduced 2005-03-01· Sponsored by Rep. Wu, David [D-OR-1]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Subcommittee on 21st Century Competitiveness.(2005-03-24)

Plain Language Summary

[AI summary unavailable — showing source text] Student Loan Fairness Act of 2005 - Amends the Higher Education Act of 1965 to revise student aid requirements for consolidation loans. Repeals a prohibition against refinancing consolidation loans. Allows borrowers to select lenders of consolidation loans. Requires lenders and institutions to provide certain information on consolidation loans to applicants. Revises interest rates on consolidated and reconsolidated loans.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (20)

19 Democrats1 Republican