HR 4725 · 117th Congress · Education

No Student Loan Interest Act

Introduced 2021-07-27· Sponsored by Rep. Swalwell, Eric [D-CA-15]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Education and Labor.(2021-07-27)

Plain Language Summary

[AI summary unavailable — showing source text] No Student Loan Interest Act This bill provides for zero-interest rates on certain federal student loans. Specifically, the bill sets the interest rate at 0% for (1) existing loans made under the Federal Family Education Loan Program or the Federal Direct Loan Program, and (2) new loans made under the Federal Direct Loan Program.…

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

Cosponsors (7)

7 Democrats