S. 282 · 110th Congress
College Student Relief Act of 2007
- Stage
- In committee
- Sponsor
- Richard Durbin
- Introduced
- 2007-01-12
- Latest action
- 2007-01-12 · Introduced in Senate
Summary
College Student Relief Act of 2007 - Amends the Higher Education Act of 1965 to phase-in cuts in the interest rate charged undergraduate student borrowers of subsidized loans under the Federal Family Education Loan (FFEL) program, thereby reducing such rate from 6.8% in July 2006 to 3.4% in July 2011.