H.R. 7449 · 116th Congress
Bank on Students Coronavirus Emergency Loan Refinancing Act of 2020
- Stage
- In committee
- Sponsor
- Joe Courtney
- Introduced
- 2020-07-01
- Latest action
- 2020-07-01 · Introduced in House
Summary
Bank on Students Coronavirus Emergency Loan Refinancing Act of 2020
This bill establishes refinancing programs for federal and private student loans. Specifically, it allows certain borrowers to refinance their federal student loans down to lower interest rates, and creates the Federal Direct Refinanced Private Loan to allow certain borrowers to refinance their private student loans.