HR 1089 · 109th Congress · Education

Student Loan Fairness Consolidation Act of 2005

Introduced 2005-03-03· Sponsored by Rep. Davis, Danny K. [D-IL-7]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Subcommittee on 21st Century Competitiveness.(2005-04-18)

Plain Language Summary

[AI summary unavailable — showing source text] Student Loan Fairness Consolidation Act of 2005 - Amends the Higher Education Act of 1965 to revise student aid requirements for Federal consolidation loans under the Federal Family Education Loan program, and establish parallel requirements under a Federal Direct Consolidation Loan program, to: (1) allow borrowers to refinance existing consolidation loans (except those for repaying Federal PLUS loans to parents of students); and (2) make available variable interest rate consolidation loans (but, again, not for PLUS loans).…

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

Cosponsors (1)

1 Democrat
Rep. Schakowsky, Janice D. [D-IL-9]IL