Student Opportunity Act

Bill Number

HR 3346

Introduced

Jul 20, 2017

Latest Action

Referred to the Committee on Education and the Workforce, and in addition to the Committee on Ways and Means, for a peri ...

Sponsor

Cosponsors

Topics

Education Government lending and loan guarantees Higher education Income tax exclusion Interest, dividends, interest rates Student aid and college costs User charges and fees

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Summary

Student Opportunity Act

This bill amends title IV (Student Assistance) of the Higher Education Act of 1965 to direct the Department of Education to establish a program to refinance the outstanding principal, interest, and late charges on Federal Direct Loans (DLs) and Federal Family Education Loans (FFELs) in order to give a borrower a fixed interest rate equal to the 10-year Treasury note rate plus .5 percentage point.

Actions

Jul 20, 2017

Referred to the Committee on Education and the Workforce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Jul 20, 2017

Introduced in House

Amendments

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