Voice your opinion on congressional bill HR4139-118 and let lawmakers know your stance with UnPac!

Main Subject: Education

Student Loan Refinancing Act

This bill establishes a refinancing program for federal student loans.

Specifically, the Department of Education (ED) must, within 30 days, establish a program that allows borrowers to refinance their federal student loans down to lower interest rates. The refinanced interest rates are (1) calculated based on the type of student loan (e.g., Stafford), and (2) fixed for the period of the loan.

In addition, the bill requires ED to coordinate with the Consumer Financial Protection Bureau to alert borrowers of their program eligibility.

House floor actions Actions

IntroReferral
Jun. 14 2023	Referred to the House Committee on Education and the Workforce.

Library of Congress Actions

IntroReferral
Jun. 14 2023	Introduced in House Introduced in House

House bill HR4139-118

Student Loan Refinancing Act

Promote the cause!

Or use this QR code