S. 4002 · 116th Congress
Servicemember Student Loan Affordability Act of 2020
- Stage
- In committee
- Sponsor
- Richard Durbin
- Introduced
- 2020-06-18
- Latest action
- 2020-06-18 · Introduced in Senate
Summary
Servicemember Student Loan Affordability Act of 2020
This bill extends the 6% interest rate limitation on debt entered into during a service member's military service to any debt entered into to consolidate or refinance one or more student loans incurred before such service.