H.R. 4001
Referred to CommitteeStudent Loan Refinancing and Recalculation Act
Latest Action
Referred to the House Committee on Education and the Workforce.
10/10/2017 • House
Summary
Student Loan Refinancing and Recalculation Act
This bill amends the Higher Education Act of 1965 to direct the Department of Education to establish a program to refinance the outstanding principal, interest, and late charges on Federal Direct Loans (DLs) and Federal Family Education Loans (FFELs) in order to give a borrower a fixed interest rate equal to the 10-year Treasury note rate plus one percentage point.
In addition, the bill allows borrowers in medical or dental internship or residency programs to defer student loan payments until the completion of their programs.
Introduced in House • 10/10/2017
Topics & Subjects
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Related Federal Spending
Sponsor & Cosponsors (29)
Party Breakdown
Sponsor
Cosponsors (28)
Bill Journey
Originated in the House
Introduced
October 10, 2017
Referred to the House Committee on Education and the Workforce.
Committee Review
Floor Debate
Passed Chamber
Other Chamber
President
Enacted into Law
Text Versions (1)
Related Bills (8)
H.R. 2477
Bank on Students Emergency Loan Refinancing Act
H.R. 3346
Student Opportunity Act
H.R. 3390
Student Loan Relief Act of 2017
H.R. 3835
Eliminating the Hidden Student Loan Tax Act
S. 1162
Bank on Students Emergency Loan Refinancing Act
S. 1521
Student Loan Relief Act of 2017
H.R. 1899
Student Loan Refinancing and Recalculation Act
H.R. 5274
Student Loan Refinancing and Recalculation Act