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S. 1557 · 114th Congress

Servicemember Student Loan Affordability Act of 2015

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Never voted on. It didn't reach a floor vote before the 114th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

7 cosponsors · 7 D

6 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.

Amends the Servicemembers Civil Relief Act to extend the 6% interest rate limitation on debt entered into during a servicemember's military service to any debt entered into to consolidate or refinance one or more student loans incurred before such service.

What it does: CRS summary · Introduced in Senate · Jun 11, 2015

Servicemember Student Loan Affordability Act of 2015

Amends the Servicemembers Civil Relief Act to extend the 6% interest rate limitation on debt entered into during a servicemember's military service to any debt entered into to consolidate or refinance one or more student loans incurred before such service.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: Servicemember Student Loan Affordability Act of 2015

Latest action (Jun 11, 2015): Read twice and referred to the Committee on Veterans' Affairs. (text of measure as introduced: CR S4107-4108)

Policy area: Armed Forces and National Security · Origin: Senate · Introduced: Jun 11, 2015

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.