H.R. 1617 · 109th Congress
To allow borrowers consolidating student loans to choose a variable or fixed interest rate, and for other…
Full title
To allow borrowers consolidating student loans to choose a variable or fixed interest rate, and for other purposes.
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Never voted on. It didn't reach a floor vote before the 109th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
PetriSponsorNo cosponsors.
Amends the Higher Education Act of 1965 (HEA) to allow borrowers consolidating student loans to choose: (1) a variable or fixed interest rate; and (2) the loan consolidator.
What it does: CRS summary · Introduced in House · Apr 13, 2005
Amends the Higher Education Act of 1965 (HEA) to allow borrowers consolidating student loans to choose: (1) a variable or fixed interest rate; and (2) the loan consolidator.
Provides for the Federal Government's recapture of excess interest charged by lenders, under HEA provisions for special allowances for lenders of student loans.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: To allow borrowers consolidating student loans to choose a variable or fixed interest rate, and for other purposes.
Latest action (Apr 29, 2005): Referred to the Subcommittee on 21st Century Competitiveness.
Policy area: Education · Origin: House · Introduced: Apr 13, 2005
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.