S. 2198 · 108th Congress
Consolidated Student Loan Reduction Act of 2004
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Never voted on. It didn't reach a floor vote before the 108th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
BoxerSponsorNo cosponsors.
Consolidated Student Loan Reduction Act of 2004 - Amends the Higher Education Act of 1965 to allow borrowers to refinance Federal consolidation loans and Federal direct consolidation loans at the same interest rate as Federal Stafford loans, whenever the interest rate of the respective consolidation loan exceeds one percent of the Stafford loan rate.
What it does: CRS summary · Introduced in Senate · Mar 11, 2004
Consolidated Student Loan Reduction Act of 2004 - Amends the Higher Education Act of 1965 to allow borrowers to refinance Federal consolidation loans and Federal direct consolidation loans at the same interest rate as Federal Stafford loans, whenever the interest rate of the respective consolidation loan exceeds one percent of the Stafford loan rate. Prohibits charging a fee to any student for such refinancing.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Consolidated Student Loan Reduction Act of 2004
Latest action (Mar 11, 2004): Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Policy area: Education · Origin: Senate · Introduced: Mar 11, 2004
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.