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United States · Bill · HR

H.R. 1918 (117th)

Student Loan Refinancing and Recalculation Act

referredUnited States· United States Congress· EN

Introduced

16 March 2021

Last action

16 March 2021 · Introduced

Status

Referred to the House Committee on Education and Labor.

Sponsors

Rep. Garamendi, John [D-CA-8], Rep. Fitzpatrick, Brian K. [R-PA-1], Rep. Boyle, Brendan F. [D-PA-2], Rep. Bustos, Cheri [D-IL-17], Rep. Carbajal, Salud O. [D-CA-24], Rep. Cohen, Steve [D-TN-9], Rep. Meng, Grace [D-NY-6], Rep. Rice, Kathleen M. [D-NY-4], Michael San Nicolas, Rep. Sires, Albio [D-NJ-13], Rep. Tonko, Paul [D-NY-20], Rep. Harder, Josh [D-CA-9], Rep. Craig, Angie [D-MN-2], Rep. Katko, John [R-NY-24], Rep. Krishnamoorthi, Raja [D-IL-8], Rep. Gonzalez, Vicente [D-TX-34], Rep. Pingree, Chellie [D-ME-1], Rep. Vela, Filemon [D-TX-34], Rep. Jackson Lee, Sheila [D-TX-18], Rep. Posey, Bill [R-FL-8], Rep. Soto, Darren [D-FL-9], Rep. Ruppersberger, C. A. Dutch [D-MD-2], Rep. Spanberger, Abigail Davis [D-VA-7], Rep. Torres, Norma J. [D-CA-35], Rep. Suozzi, Thomas R. [D-NY-3], David Scott, Rep. Garbarino, Andrew R. [R-NY-2], Rep. Ross, Deborah K. [D-NC-2], Rep. Doyle, Michael F. [D-PA-14], Rep. Costa, Jim [D-CA-21], Rep. Schneider, Bradley Scott [D-IL-10], Rep. Doggett, Lloyd [D-TX-37]

Subjects

Education

Source updated

21 July 2025

Education

Official sourceDownload fileView documentsShare

Summary

Student Loan Refinancing and Recalculation Act This bill provides for the refinancing or deferral of certain federal student loans. Specifically, the bill directs the Department of Education to establish a program to refinance the outstanding principal, interest, and late charges on federal student loans in order to give borrowers fixed interest rates equal to the 10-year Treasury note rate plus one percentage point. Further, the bill eliminates origination fees on the loans. In addition, the bill allows borrowers in medical, veterinary, or dental internship or residency programs to defer student loan payments until the completion of their programs.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 16 March 2021

    Introduced

    Referred to the House Committee on Education and Labor.

    Source: IntroReferral

  2. 16 March 2021

    Introduced

    Sponsor introductory remarks on measure. (CR E257)

    Source: IntroReferral

  3. 16 March 2021

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 16 March 2021

    Introduced

    Introduced in House

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN · 16 March 2021

    ViewDownloadOpen at official source

  • Introduced in House (PDF)

    Introduced in House · EN · 16 March 2021

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 16 March 2021

    Open at official source

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Sponsors

Related records

Sources

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