Bank on Students Coronavirus Emergency Loan Refinancing Act of 2020

Fact Sheet API

Bill Number

HR 7449

Introduced

Jul 1, 2020

Latest Action

Referred to the House Committee on Education and Labor.

Sponsor

Cosponsors

Topics

Congressional oversight Credit and credit markets Education Education programs funding Government information and archives Government lending and loan guarantees Higher education Interest, dividends, interest rates Student aid and college costs

Full Text

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Votes

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.

Actions

Jul 1, 2020

Referred to the House Committee on Education and Labor.
Jul 1, 2020

Introduced in House

Amendments

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