Student Loan Refinancing and Recalculation Act

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. The bill also terminates interest capitalization for federal student loans.

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

Timeline

1. 26 September 2023

   Introduced

   Referred to the House Committee on Education and the Workforce.

   Source: IntroReferral

2. 26 September 2023

   Introduced

   Introduced in House

   Source: IntroReferral

3. 26 September 2023

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 26 September 2023 · Download file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 26 September 2023

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 26 September 2023

  ViewDownloadOpen at official source

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• Introduced in House

  summary · EN · 26 September 2023

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Rep. Garamendi, John [D-CA-8] · D · Sponsor
• Rep. Fitzpatrick, Brian K. [R-PA-1] · R · Sponsor
• Del. Norton, Eleanor Holmes [D-DC-At Large] · D · Cosponsor
• Rep. Doggett, Lloyd [D-TX-37] · D · Cosponsor
• Rep. Boyle, Brendan F. [D-PA-2] · D · Cosponsor
• Rep. Krishnamoorthi, Raja [D-IL-8] · D · Cosponsor
• Rep. Pingree, Chellie [D-ME-1] · D · Cosponsor
• Rep. Harder, Josh [D-CA-9] · D · Cosponsor
• Rep. Ross, Deborah K. [D-NC-2] · D · Cosponsor
• Rep. Scholten, Hillary J. [D-MI-3] · D · Cosponsor
• Rep. Kuster, Ann M. [D-NH-2] · D · Cosponsor
• Rep. Gonzalez, Vicente [D-TX-34] · D · Cosponsor
• · hsed00 · Standing

Related records

• related to → REDI Act
• related to → Student Loan Tax Elimination Act
• related to → REDI Act
• related to → Student Loan Tax Elimination Act