H.R. 5567 · 114th Congress
Student Loan Interest Rate Parity Act
- Stage
- In committee
- Sponsor
- Matt Salmon
- Introduced
- 2016-06-22
- Latest action
- 2016-09-19 · Referred to the Subcommittee on Higher Education and Workforce Training.
Summary
Student Loan Interest Rate Parity Act
This bill amends title IV (Student Assistance) of the Higher Education Act of 1965 to reduce the interest rates on Federal Direct Unsubsidized Loans and Federal Direct PLUS Loans disbursed on or after July 1, 2016.