H.R. 2160 · 117th Congress
Student Loan Refinancing Act
- Stage
- In committee
- Sponsor
- Mark Pocan
- Introduced
- 2021-03-23
- Latest action
- 2021-03-23 · Introduced in House
Summary
Student Loan Refinancing Act
This bill allows a borrower of a Federal Direct Loan to modify the interest rate on the loan to the current applicable rate. The interest rate shall be fixed for the life of the loan, unless the borrower elects to modify it again.