United States · Bill · S
S. 2050 (114th)
Private Education Loan Modification Act of 2015
Introduced
17 September 2015
Last action
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Status
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Sponsors
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Subjects
Discovery layer
Source updated
12 August 2025
Summary
Private Education Loan Modification Act of 2015 This bill temporarily authorizes the Department of the Treasury to establish credit facilities, at no net cost to the federal government, to refinance private student loans to ensure lower interest rates for borrowers. Treasury must first determine that existing borrowers are unable to secure adequate credit accommodations to refinance private student loans. The bill directs Treasury to conduct a national awareness campaign to alert private student loan borrowers who may benefit. It expresses the sense of the Congress that federal financial institutions and federally chartered private entities should assist borrowers in refinancing existing private student loans.
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Documents
3 official files
Introduced in Senate (text)
Introduced in Senate (text)
Introduced in Senate · EN · 17 September 2015
Introduced in Senate (PDF)
Introduced in Senate · EN · 17 September 2015
Introduced in Senate
summary · EN · 17 September 2015
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Sources
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- Official source: https://www.congress.gov/bill/114th-congress/senate-bill/2050
- Open data entity: https://api.congress.gov/v3/bill/114/s/2050