H.R. 1614 · 115th Congress
Student Loan Refinancing Act
- Stage
- In committee
- Sponsor
- Mark Pocan
- Introduced
- 2017-03-17
- Latest action
- 2017-03-17 · Introduced in House
Summary
Student Loan Refinancing Act
This bill amends title IV (Student Assistance) of the Higher Education Act of 1965 to allow a borrower of a Federal Direct Loan program loan to modify the interest rate on such a loan to the current applicable rate. That interest rate is fixed for the life of the loan, unless the borrower elects to modify it again.