HR 649 · 114th Congress · Education

Student Loan Refinancing Act

Introduced 2015-02-02· Sponsored by Rep. Pocan, Mark [D-WI-2]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Subcommittee on Higher Education and Workforce Training.(2015-04-29)

Plain Language Summary

[AI summary unavailable — showing source text] Student Loan Refinancing Act Amends title IV (Student Assistance) of the Higher Education Act of 1965 to allow a borrower of a loan under the William D. Ford Federal Direct Loan program to modify the interest rate on such a loan so that its interest rate is equal to the interest rate it would bear if first disbursed at the time of modification. Fixes that interest rate for the life of the loan, unless the borrower elects to modify it again.…

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

Cosponsors (20)

20 Democrats
Rep. Lowenthal, Alan S. [D-CA-47]CA
Rep. Schakowsky, Janice D. [D-IL-9]IL
Rep. Cartwright, Matt [D-PA-17]PA
Rep. Schrader, Kurt [D-OR-5]OR
Rep. Wilson, Frederica S. [D-FL-24]FL
Rep. Chu, Judy [D-CA-27]CA
Rep. Ellison, Keith [D-MN-5]MN
Rep. Kind, Ron [D-WI-3]WI
Rep. Cohen, Steve [D-TN-9]TN
Rep. Brownley, Julia [D-CA-26]CA
Rep. McGovern, James P. [D-MA-2]MA
Rep. DeSaulnier, Mark [D-CA-11]CA
Rep. Conyers, John, Jr. [D-MI-13]MI
Rep. Meeks, Gregory W. [D-NY-5]NY
Rep. Matsui, Doris O. [D-CA-6]CA
Rep. Higgins, Brian [D-NY-26]NY
Rep. Swalwell, Eric [D-CA-15]CA
Rep. Vargas, Juan [D-CA-51]CA
Rep. Rangel, Charles B. [D-NY-13]NY
Rep. Thompson, Bennie G. [D-MS-2]MS