Student Loan Refinancing and Recalculation Act
Legislative Progress
Momentum (last 30 days)
0
score
0 actions · 0 new cosponsors · 0 votes
Speed vs cohort
84pct
124d open
vs 6,526 other HR bills in the 114th — cohort avg 56d
Student Loan Refinancing and Recalculation Act This bill amends title IV (Student Assistance) of the Higher Education Act of 1965 to direct the Department of Education to establish a program to refinance the outstanding principal, interest, and late charges on Federal Direct Loans (DLs) and Federal Family Education Loans (FFELs). A refinanced loan has a fixed interest rate equal to the 10-year Treasury note rate plus 1 percentage point. Additionally, the bill modifies the formula to calculate interest rates on new Direct Subsidized, Unsubsidized, and PLUS Loans disbursed on or after July 1, 2017. Finally, it eliminates the origination fee on Direct Subsidized, Unsubsidized, and PLUS Loans disbursed (and on Consolidation Loans applied for) after enactment of this bill.
These links require the bill number to appear in the filing's source-reported specific issue text. Client expenses and lobbying-firm income are separate disclosure fields.
Filing registrants (2)
2016 · fourth_quarter · Education
S.108 Financial Aid Simplification and Transparency Act of 2015; all S. 840 Student Loan Borrowers Bill of Rights; all S. 3368 The ASPIRE Act: Access, Success, and Persistence in Reshaping Education Act; all H.R. 3675 Student Borrower Fairness Act; all H.R. 3786 Student Loan Fair Prepayment Act; all H.R. 4223 Protecting Our Students by Terminating Graduate Rates that Add to Debt (POST GRAD) Act; all H.R. 5274, the Student Loan Refinancing and Recalculation Act; all H.R. 6161, the Federal Funding Accountability for Sexual Harassers Act; all P.L. 114-95 Every Student Succeeds Act; implementation of teacher preparation provisions Higher Education Act Reauthorization Proposals; college rating systems, graduate student and international student issues; all U.S. Department of Educations Notice of Proposed Rulemaking (NPRM) at 81 Fed. Reg. 48,597 (July 25, 2016-Docket ID ED-2016-OPE-0050); proposed amendment to the State authorization provisions, related to institutions of higher education that offer distance education, all Internal Revenue Service Notice 2016-17, Application of the Market Reforms and Other Provisions of the Affordable Care Act to Student Health Coverage; issues related to student health insurance programs (SHIP), premium subsidies for Graduate Students, all
Referred to the Subcommittee on Higher Education and Workforce Training.
Sponsor introductory remarks on measure. (CR H3698-3699)
Referred to the House Committee on Education and the Workforce.
Introduced in House
Congress.gov source codes: 1000, Intro-H
Bills with similar content found using semantic analysis.
Sources: Congress.gov
Client expense: Not reported · Firm income: $140,000
Government targets: Army, Dept of (Corps of Engineers), Education, Dept of, HOUSE OF REPRESENTATIVES, Natl Oceanic & Atmospheric Administration (NOAA), Natl Science Foundation (NSF), Office of Management & Budget (OMB), SENATE, U.S. Geological Survey (USGS)
2016 · fourth_quarter · Education
S.108 Financial Aid Simplification and Transparency Act of 2015; all S. 840 Student Loan Borrowers Bill of Rights; all S. 3368 The ASPIRE Act: Access, Success, and Persistence in Reshaping Education Act; all H.R. 3675 Student Borrower Fairness Act; all H.R. 3786 Student Loan Fair Prepayment Act; all H.R. 4223 Protecting Our Students by Terminating Graduate Rates that Add to Debt (POST GRAD) Act; all H.R. 5274, the Student Loan Refinancing and Recalculation Act; all H.R. 6161, the Federal Funding Accountability for Sexual Harassers Act; all P.L. 114-95 Every Student Succeeds Act; implementation of teacher preparation provisions Higher Education Act Reauthorization Proposals; college rating systems, graduate student and international student issues; all U.S. Department of Educations Notice of Proposed Rulemaking (NPRM) at 81 Fed. Reg. 48,597 (July 25, 2016-Docket ID ED-2016-OPE-0050); proposed amendment to the State authorization provisions, related to institutions of higher education that offer distance education, all Internal Revenue Service Notice 2016-17, Application of the Market Reforms and Other Provisions of the Affordable Care Act to Student Health Coverage; issues related to student health insurance programs (SHIP), premium subsidies for Graduate Students, all
Client expense: Not reported · Firm income: $140,000
Government targets: Army, Dept of (Corps of Engineers), Education, Dept of, HOUSE OF REPRESENTATIVES, Natl Oceanic & Atmospheric Administration (NOAA), Natl Science Foundation (NSF), Office of Management & Budget (OMB), SENATE, U.S. Geological Survey (USGS)
2016 · third_quarter · Education
S.108 Financial Aid Simplification and Transparency Act of 2015: all S. 590 H.R. 1310 Campus Accountability and Safety Act: all S. 706SOS Campus Act: all S. 840Student Loan Borrowers Bill of Rights: all S.3040Departments of Labor, Health and Human Services, and Education, and Related Agencies Appropriations Act, 2017: funding for higher education, education issues S. 3368 The ASPIRE Act, Access, Success, and Persistence in Reshaping Education Act: all H.R. 242 Affordability for Constant and Continued Education to Enhance Student Success Act: all H.R. 2680 HALT Campus Sexual Violence Act: all H.R. 3675 Student Borrower Fairness Act: all H.R. 3786 Student Loan Fair Prepayment Act: all H.R. 3988 Military and Veterans Education Protection Act: all H.R. 4054 Ensuring Quality Education for Veterans Act: all H.R. 4223 Protecting Our Students by Terminating Graduate Rates that Add to Debt Act or POST GRAD Act: all H.R. 5201 Fairness in Forgiveness Act of 2016: all H.R. 5274 Student Loan Refinancing and Recalculation Act: all H.R.5528 Simplifying the Application for Student Aid Act: all H.R. 5538 Department of the Interior, Environment, and Related Agencies Appropriations Act, 2017: humanities programs H.R. 6161 Federal Funding Accountability for Sexual Harassers Act: all P.L. 114-95 Every Student Succeeds Act: implementation of teacher preparation provisions Internal Revenue Service Notice 2016-17, Application of the Market Reforms and Other Provisions of the Affordable Care Act to Student Health Coverage; issues related to student health insurance programs (SHIP) Higher Education Act Reauthorization Proposals: graduate student and international student issues, college ratings systems, all Department of Educations Notice of Proposed Rulemaking (NPRM) at 81 Fed. Reg. 48,598 (July 25, 2016-Docket ID ED-20160OPE-0050), proposed amendments to the State Authorization provisions of the Institutional Eligibility regulations of the Higher Education Act of 1965, as amended (HEA) and to the institutional disclosure requirements of the HEAs Student Assistance General Provisions
Client expense: $100,000 · Firm income: Not reported
Government targets: Army, Dept of (Corps of Engineers), Centers For Medicare and Medicaid Services (CMS), Defense, Dept of (DOD), Education, Dept of, HOUSE OF REPRESENTATIVES, Labor, Dept of (DOL), Library of Congress (LOC), Natl Oceanic & Atmospheric Administration (NOAA), Natl Science Foundation (NSF), Office of Management & Budget (OMB), SENATE, U.S. Geological Survey (USGS)
2016 · second_quarter · Education
background checks charter schools charter schools, ESSA Child Nutrition Child nutrition education child nutrition reauthorization college admissions college affordability Congressional reception celebrating Nebraska higher education DC private school vouchers bill dc private school vouchers in the Financial Services and General Gov FY17 approps DC Vouchers dual enrollment education Education Diversity education legislation Education legislation generally Einstein fellows ESP issues ESSA ESSA Accountability Regulations ESSA Implementation ESSA implementation hearing ESSA Negotiated rulemaking Feedback on their educator bill Flint lead issue general education gun safety gun violence Gun violence - background checks amendment Gun Violence background checks H. Res. 704, Teacher Appreciation week H.R. 2578 H.R. 2902 - Safe Schools Improvement Act of 2015 H.R. 3535, the Alice Cogswell and Anne Sullivan Macy Act H.R. 3751 - Federal Student Loan Refinancing Act H.R. 3817 H.R. 4481 H.R. 4901, SOAR Act H.R. 5002 H.R. 5003 H.R. 5055 H.R. 5191 - HELP for Students and Parents Act H.R. 5274 - Student Loan Refinancing and Recalculation Act H.R. 5293 H.R. 5357 H.R. 5485 H.R. 5587 H.R. 5702 H.R. 5738 H.Res. 704, Teacher Appreciation Week higher education Higher education act Homeless Students Homelessness and Housing ICE raids immigration and education In the Red Indian Education invitation ISTA ISTA meeting K-12 education leave of absence Native American Education NDAA NEA representative assembly Negotiated Rulemaking Pell pell grants Perkins Career and Tech Perkins CTE Perkins CTE reauthorization private school vouchers representative assembly invitation Rural teacher residency legislation S. 1061 - Year-Round Pell Grant Restoration Act S. 1177 S. 2711 S. 2859 S. 3067 S. 3093 - Equity in Career and Technical Education Act of 2016 S. 6136 S. Res. 448, Teacher Appreciation Week Scheduling request Secure Rural Schools Speaking with VEA Stronger together diversity legislation Student Debt supplement not supplant supplement not supplant issue Teacher Appreciation Week teacher diversity summit teacher licensing teacher preparation Teacher quality Teacher Week Resolution Teachers and Parents at the Table Act Teachers at the Table Act teachers at the table bill VEA speaking Vouchers
Client expense: $676,000 · Firm income: Not reported
Government targets: Agriculture, Dept of (USDA), Education, Dept of, Federal Communications Commission (FCC), HOUSE OF REPRESENTATIVES, Homeland Security, Dept of (DHS), Office of Management & Budget (OMB), SENATE, Social Security Administration (SSA), White House Office
2016 · second_quarter · Education
S.590/H.R. 1310, Campus Accountability and Safety Act; all S. 706, SOS Campus Act; all S. 840, Student Loan Borrower Bill of Rights; all H.R. 2680, HALT Campus Sexual Violence Act; all Student Debt Challenge; all President's Budget Request for FY 2017; Education issues Higher Education Act Re-authorization Proposals; Higher Education programs; graduate student and international student issues; college ratings systems; all S.3040, FY 2017 Labor, Health and Human Services, and Education Appropriations Act; Education issues H.R. 5538, FY 2017 Department of Interior, Environment, and Related Agencies Appropriations Act; Humanities programs S.108, Financial Aid Simplification and Transparency Act of 2015; all S. 1102/H.R. 2364, Protect Student Borrower Act of 2015; all H.R. 4223, Protecting Our Students by Terminating Graduate Rates that Add to Debt Act or POST GRAD Act; all H.R. 3675, Student Borrower Fairness Act; all H.R. 4054, Ensuring Quality Education for Veterans Act; all H.R. 3988, Military and Veterans Education Protection Act; all H.R. 3786, Student Loan Fair Prepayment Act; all P.L. 114-95, Every Student Succeeds Act; implementation of teacher preparation provisions H.R. 1310, Campus Accountability and Safety Act; all H.R. 5274, Student Loan Refinancing and Recalculation Act; all H.R. 5201, Fairness in Forgiveness Act of 2016; all Proposed Regulations, 2017-2018 FAFSA Form; all H.R. 5528, Simplifying the Application for Student Aid Act; all
Client expense: $160,000 · Firm income: Not reported
Government targets: Army, Dept of (Corps of Engineers), Centers For Medicare and Medicaid Services (CMS), Defense, Dept of (DOD), Education, Dept of, Energy, Dept of, HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Labor, Dept of (DOL), Natl Institutes of Health (NIH), Natl Oceanic & Atmospheric Administration (NOAA), Natl Science Foundation (NSF), Office of Management & Budget (OMB), Office of Science & Technology Policy (OSTP), SENATE, U.S. Geological Survey (USGS), White House Office
| Democratic |
| CA |
| Brendan F. Boyle | Democratic | PA |
| Cheri Bustos | Democratic | IL |
| David N. Cicilline | Democratic | RI |
| Doris O. Matsui | Democratic | CA |
| Gerald E. Connolly | Democratic | VA |
| Gregory W. Meeks | Democratic | NY |
| Janice Hahn | Democratic | CA |
| Jared Huffman | Democratic | CA |
| Jerry McNerney | Democratic | CA |
| Jim Costa | Democratic | CA |
| Jim McDermott | Democratic | WA |
| John Conyers, Jr. | Democratic | MI |
| Judy Chu | Democratic | CA |
| Karen Bass | Democratic | CA |
| Lloyd Doggett | Democratic | TX |
| Louise McIntosh Slaughter | Democratic | NY |
| Lucille Roybal-Allard | Democratic | CA |
| Madeleine Z. Bordallo | Democratic | GU |
| Mark DeSaulnier | Democratic | CA |
| Michael M. Honda | Democratic | CA |
| Mike Thompson | Democratic | CA |
| Paul Tonko | Democratic | NY |
| Richard M. Nolan | Democratic | MN |
| Rosa L. DeLauro | Democratic | CT |
| Steve Israel | Democratic | NY |
| Tom Reed | Republican | NY |