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United States · Bill · HR

H.R. 5150 (109th)

Reverse the Raid on Student Aid Act of 2006

referredUnited States· United States Congress· EN

Introduced

6 April 2006

Last action

24 May 2006 · Referred

Status

Referred to the Subcommittee on 21st Century Competitiveness.

Sponsors

Rep. Miller, George [D-CA-11], Rep. Kildee, Dale E. [D-MI-5], Rep. Tierney, John F. [D-MA-6], Rep. McCollum, Betty [D-MN-4], Rep. Grijalva, Raúl M. [D-AZ-7], Rep. Bishop, Timothy H. [D-NY-1], Rep. Scott, Robert C. "Bobby" [D-VA-3], Rep. Ryan, Tim [D-OH-13], Rep. Pallone, Frank [D-NJ-6], Sen. Van Hollen, Chris [D-MD], Rep. Emanuel, Rahm [D-IL-5], Rep. Rahall, Nick J., II [D-WV-3], Rep. Frank, Barney [D-MA-4], Rep. Davis, Susan A. [D-CA-53], Rep. Wexler, Robert [D-FL-19], Rep. Owens, Major R. [D-NY-11], Rep. Pelosi, Nancy [D-CA-11], Rep. Honda, Michael M. [D-CA-15], Rep. Maloney, Carolyn B. [D-NY-12], Rep. Meek, Kendrick B. [D-FL-17], Rep. Cleaver, Emanuel [D-MO-5], Rep. Hinojosa, Ruben [D-TX-15], Rep. DeLauro, Rosa L. [D-CT-3], Sen. Cardin, Benjamin L. [D-MD], Rep. Conyers, John, Jr. [D-MI-13], Rep. Davis, Danny K. [D-IL-7], Rep. Farr, Sam [D-CA-20], Rep. Peterson, Collin C. [D-MN-7], Rep. Matsui, Doris O. [D-CA-7], Rep. McDermott, Jim [D-WA-7], Rep. Woolsey, Lynn C. [D-CA-6], Rep. Capps, Lois [D-CA-24], Rep. Eshoo, Anna G. [D-CA-18], Rep. Baca, Joe [D-CA-43], Sen. Brown, Sherrod [D-OH], Rep. Nadler, Jerrold [D-NY-12], Rep. DeFazio, Peter A. [D-OR-4], Rep. Reyes, Silvestre [D-TX-16], Rep. Levin, Sander M. [D-MI-12], Rep. Price, David E. [D-NC-4], Rep. Cummings, Elijah E. [D-MD-7], Rep. Kaptur, Marcy [D-OH-9], Rep. Green, Al [D-TX-9], Rep. Chandler, Ben [D-KY-6], Rep. Solis, Hilda L. [D-CA-32], Rep. Lofgren, Zoe [D-CA-18], Rep. Allen, Thomas H. [D-ME-1], Rep. Roybal-Allard, Lucille [D-CA-40]

Subjects

Education

Source updated

23 March 2026

Education

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Summary

Reverse the Raid on Student Aid Act of 2006 - Amends the Higher Education Act of 1965 to cut student loan interest rates to 3.4% for student borrowers and 4.25% for parent borrowers under the Federal Family Education Loan (FFEL) and William D. Ford Direct Loan programs for loans whose first disbursement is made on or after July 1, 2006. Maintains the current 6.8% interest rate, however, for unsubsidized Stafford loans for middle-income borrowers under such programs.

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

Timeline

  1. 6 April 2006

    Introduced

    Referred to the House Committee on Education and the Workforce.

    Source: IntroReferral

  2. 6 April 2006

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 6 April 2006

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 24 May 2006

    Referred

    Referred to the Subcommittee on 21st Century Competitiveness.

    Source: Committee

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 · 6 April 2006

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  • Introduced in House (PDF)

    Introduced in House · EN · 6 April 2006

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 6 April 2006

    Open at official source

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Sponsors

Showing 48 of 71 sponsors and actors.

Related records

Sources

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