H.R. 4725 · 117th Congress
No Student Loan Interest Act
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Never voted on. It didn't reach a floor vote before the 117th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
7 cosponsors · 7 D
2 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This bill provides for zero-interest rates on certain federal student loans.
What it does: CRS summary · Introduced in House · Jul 27, 2021
No Student Loan Interest Act
This bill provides for zero-interest rates on certain federal student loans.
Specifically, the bill sets the interest rate at 0% for (1) existing loans made under the Federal Family Education Loan Program or the Federal Direct Loan Program, and (2) new loans made under the Federal Direct Loan Program.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: No Student Loan Interest Act
Latest action (Jul 27, 2021): Referred to the House Committee on Education and Labor.
Policy area: Education · Origin: House · Introduced: Jul 27, 2021
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.