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Affordable Loans for Students Act
Legislative Progress
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vs 10,940 other HR bills in the 119th — cohort avg 30d
Affordable Loans for Students Act This bill sets the interest rate at 2% for new and existing federal student loans. (Currently, interest rates on federal student loans range from 6.53% to 9.08%, depending on the loan type.) Specifically, the bill directs the Department of Education (ED) to establish and implement procedures to modify the terms of federal student loans held by ED so the applicable rate of interest shall be 2% on the unpaid principal balance of the loan. ED must modify the interest rate without any action from the borrower. Additionally, ED must establish and implement procedures to (1) refinance eligible loans that are not held by ED (e.g., privately held Federal Family Education Loans and Perkins Loans) as consolidation loans, and (2) allow a borrower to opt out of this loan refinancing. The bill outlines the terms and conditions of these refinanced loans, including by prohibiting ED from charging origination fees and by setting the interest rate at 2% on these loans. The bill applies the 2% interest rate to new loans (i.e., federal student loans made beginning on the first July 1 after the bill's enactment) and also applies this rate retroactively to existing loans.
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Filing registrants (2)
2026 · third_quarter · Education
Department of Education Interagency Agreements Secure Rural Schools Native American Schools/Forest County Schools E-Rate Child Nutrition Graduated Corporate Tax Act S 4297/HR 8800, FY27 National Defense Authorization Act HR 2003, Affordable Loans for Students Act HR 9260, Departments of Labor, Health and Human Services, and Education, and Related Agencies Appropriations Act, 2027 HR 7259, Military Dependents School Meal Eligibility Act S 4504/HR 8752, Full-Service Community School Expansion Act HR 9607, Less Bureaucracy, Better Workforce Development Act HR 9610, Less Bureaucracy, Better K-12 Education Act HR 9611, Less Bureaucracy, Better Higher Education Act HR 9605, Less Bureaucracy, Better Foreign Medical Accreditation Act HR 9604, Less Bureaucracy, Better Tribal Education Act HR 9606, Less Bureaucracy, Better Child Care for Student Parents Act HR 9603, Less Bureaucracy, Better International Educational Oversight Act HR 9602, Less Bureaucracy, Better Foreign Gift Transparency Act HR 9608, Less Bureaucracy, Better Family Engagement Act HR 9609, Less Bureaucracy, Better Student Aid Act HR 8781 Title IX Clarification Act S 5046, Prohibit transferring specified Department of Education offices and functions to other federal agencies HR 8045/S 4169, Student Loan Interest Elimination Act HR 2003, Affordable Loans for Students Act HR 9289, Keep Public Funds in Public Schools Act HR 4986, Parents Opt-In Protection Act HR 8747, K-12 AI Literacy & Readiness Act HR 9723, Fit Future Act S 2511, College Transparency Act S 4097, State-Based Loan Awareness Act HR 10251, Back-to-School Supplies Affordability Act S 5110 Improving America's Literacy Act S 5480, School Infrastructure Modernization Act HR 10518/S 5431, DIVERSIFY Act HR 10206, Restoring Opportunities for Advanced Education Act HR 10315, AI LABS Act HR 4450/S 2310, NEA Charter Repeal Act HR 4658/S 2428, STUDENT Act S 2516, TEACH Act HR 5753/S 5460, Healthy Meals Help Kids Learn Act HR 10551/S 5566, Public Service Educational Assistance Act
Referred to the House Committee on Education and Workforce.
Introduced in House
Congress.gov source codes: 1000, Intro-H
Bills with similar content found using semantic analysis.
Sources: Congress.gov
Client expense: $670,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2026 · third_quarter · Education
H.R.1048/ S.1296 Defending Education Transparency and Ending Rogue Regimes Engaging in Nefarious Transactions (DETERRENT) Act H.R. 6574 Loan Equity for Advanced Professionals Act H.R. 7892 No Aid for Ghost Students Act of 2026 S. 1558 Understanding the True Cost of College Act of 2025 S. 3589 Respond, Innovate, Succeed, and Empower Act of 2025 S. 4097 State-Based Education Loan Awareness Act S. 4415 TEACH Improvement Act of 2026 Informed Student Borrowers Act of 2026 H.R. 6739 Clarity in Professional Degree Act H.R. 6718 Professional Student Degree Act S. 4915 AI Labeling Act of 2026 H.R. 2003 Affordable Loans for Students Act S. 4435 Improving Financial Aid Offers for Students Act H.R.10515 Artificial Intelligence Education and Workforce Readiness Act of 2026 H.R. 6677 Professional Degree Access Restoration Act S. 4269 Restoring College Access and Affordability Act S. 4428 No Aid for Ghost Students Act of 2026 S.5559 - BASIC Act of 2026
Client expense: $60,639 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2026 · second_quarter · Education
Department of Education Interagency Agreements Elementary & Secondary Education Act Higher Education Secure Rural Schools E-Rate Teacher Pay Child Nutrition Graduated Corporate Tax Act S 4407/HR 7985, CHATBOT Act S 4297/HR 8800, FY27 National Defense Authorization Act S J Res 196, A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Department of Education relating to "Reimagining and Improving Student Education-Federal Student Loan Program Final Regulations" HR 2003, Affordable Loans for Students Act HR 7567, Farm, Food & National Security Act S 4864, PUPIL Act S 4914/HR 9467, Green Ribbon Act H J Res 155, Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Department of Education relating to "William D. Ford Federal Direct Loan (Direct Loan) Program" HR 9260, Departments of Labor, Health and Human Services, and Education, and Related Agencies Appropriations Act, 2027 HR 9272, Parent PLUS Loan Fairness & Responsibility Act S 4733/HR 9245, Beginning Educators Mentorship & Retention Act S 4689, Reading Excellence & Achievement Act HR 7890, Science of Reading Act HR 9474, Local Foods for Healthy Schools Act S 3321, FAIR Leave Act HR 6617, Keeping All Students Safe Act HR 7259, Military Dependents School Meal Eligibility Act S 4415/HR 9628, TEACH Improvement Act S 4597/HR 8937, Early Childhood Workforce Advancement Act S J Res 182, A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Department of Education relating to "William D. Ford Federal Direct Loan (Direct Loan) Program" HR 8728, Feed Our Kids Act S 2828/HR 9224, Child Care Modernization Act S 4567/HR 8896, Loan Forgiveness for Educators Act S 4843/HR 8978, Enhancing Mental Health & Suicide Prevention Through Campus Planning Act S 4618/HR 8979, Elementary & Secondary School Counseling Act S 4504/HR 8752, Full-Service Community School Expansion Act HR 8815, Teacher Debt Relief Act S 4518/HR 8798, Universal School Meals Program Act HR 6413, Workforce Flexibility Act HR 8606, CHARTER Act HR 2616, Stopping Indoctrination & Protecting Kids Act S 4449/HR 8636, Strengthening Educator Workforce Data Act HR 1524, ALYSSA Act S Con Res 33, A concurrent resolution setting forth the congressional budget for the United States Government for fiscal year 2026 and setting forth the appropriate budgetary levels for fiscal years 2027 through 2035 HR 8210, A Stronger Workforce for America Act HR 7082, FLEX Act HR 2333, Protecting Students with Disabilities Act HR 8356, Clean Slate Through Consolidation Act S 4468/HR 4120, Supporting the Mental Health of Educators and Staff Act
Client expense: $670,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2026 · second_quarter · Education
H.R.1048/ S.1296 Defending Education Transparency and Ending Rogue Regimes Engaging in Nefarious Transactions (DETERRENT) Act H.R. 6498 Student Financial Clarity Act H.R. 6502 College Financial Aid Clarity Act H.R. 6686 No Cost Educational Resources Act H.R. 6574 Loan Equity for Advanced Professionals Act H.R.6862 Protecting Health Care Workforce Pipelines Act H.R. 7891 Student Aid Fraud Oversight and Accountability Act of 2026 H.R. 7892 No Aid for Ghost Students Act of 2026 H.R. 7893 FAFSA Verification Efficiency Act S. 1558 Understanding the True Cost of College Act of 2025 S. 3589 Respond, Innovate, Succeed, and Empower Act of 2025 S. 880 Fair College Admissions for Students Act S. 2859 Equal Campus Access Act of 2025 S. 4097 State-Based Education Loan Awareness Act H.R. 7810 Lowering Student Loans Act of 2025 S. 4415 TEACH Improvement Act of 2026 Informed Student Borrowers Act of 2026 H.R. 6739 Clarity in Professional Degree Act H.R. 6718 Professional Student Degree Act S. 4915 AI Labeling Act of 2026 H.R. 9414 Pell Grant Preservation and Expansion Act H.R. 2003 Affordable Loans for Students Act S. 4435 Improving Financial Aid Offers for Students Act
Client expense: $37,531 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2026 · first_quarter · Education
H.R.1048/ S.1296 Defending Education Transparency and Ending Rogue Regimes Engaging in Nefarious Transactions (DETERRENT) Act H.R. 3994 Understanding Student Parent Outcomes Act of 2025 H.R. 3985 Helping Student Parents Succeed Act H.R. 4054 Accreditation Choice and Innovation Act H.R. 433 Department of Education Protection Act H.R. 2003 Affordable Loans for Students Act H.R. 6392 Home School Graduation Recognition Act H.R. 6472 Territorial Student Access to Higher Education Act H.R. 6498 Student Financial Clarity Act H.R. 6502 College Financial Aid Clarity Act H.R. 6686 No Cost Educational Resources Act H.R. 6574 Loan Equity for Advanced Professionals Act H.R.6862 Protecting Health Care Workforce Pipelines Act H.R. Student Aid Fraud Oversight and Accountability Act of 2026 H.R. 7892 No Aid for Ghost Students Act of 2026 H.R. 7893 FAFSA Verification Efficiency Act S. 1558 Understanding the True Cost of College Act of 2025 S. 3589 Respond, Innovate, Succeed, and Empower Act of 2025 S. 880 Fair College Admissions for Students Act S. 2859 Equal Campus Access Act of 2025 S. 4097 State-Based Education Loan Awareness Act H.R. 7810 Lowering Student Loans Act of 2025 TEACH Improvement Act of 2026 Informed Student Borrowers Act of 2026 H.R. 6739 Clarity in Professional Degree Act H.R. 6718 Professional Student Degree Act
Client expense: $77,042 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2025 · fourth_quarter · Education
H.R.1048/ S.1296 Defending Education Transparency and Ending Rogue Regimes Engaging in Nefarious Transactions (DETERRENT) Act H.R. 3994 Understanding Student Parent Outcomes Act of 2025 H.R. 3985 Helping Student Parents Succeed Act H.R. 4054 Accreditation Choice and Innovation Act H.R. 433 Department of Education Protection Act H.R. 2003 Affordable Loans for Students Act H.R. 6392 Home School Graduation Recognition Act H.R. 6472 Territorial Student Access to Higher Education Act H.R. 6498 Student Financial Clarity Act H.R. 6502 College Financial Aid Clarity Act H.R. 6686 No Cost Educational Resources Act H.R. 6574 Loan Equity for Advanced Professionals Act H.R.6862 - To amend the Higher Education Act of 1965 to delay, until July 1, 2030, the termination of authority to award certain Federal Direct PLUS loans and the implementation of limits on certain loans for graduate and professional students enrolled at institutions with certain public health designations, and for other purposes. Respond, Innovate, Succeed, and Empower Act of 2025 Lowering Student Loans Act of 2025
Client expense: $33,817 · Firm income: Not reported
2025 · fourth_quarter · Education
H.R.1048/ S.1296 Defending Education Transparency and Ending Rogue Regimes Engaging in Nefarious Transactions (DETERRENT) Act H.R. 3994 Understanding Student Parent Outcomes Act of 2025 H.R. 3985 Helping Student Parents Succeed Act H.R. 4054 Accreditation Choice and Innovation Act H.R. 433 Department of Education Protection Act H.R. 2003 Affordable Loans for Students Act H.R. 6392 Home School Graduation Recognition Act H.R. 6472 Territorial Student Access to Higher Education Act H.R. 6498 Student Financial Clarity Act H.R. 6502 College Financial Aid Clarity Act H.R. 6686 No Cost Educational Resources Act H.R. 6574 Loan Equity for Advanced Professionals Act H.R.6862 - To amend the Higher Education Act of 1965 to delay, until July 1, 2030, the termination of authority to award certain Federal Direct PLUS loans and the implementation of limits on certain loans for graduate and professional students enrolled at institutions with certain public health designations, and for other purposes. Respond, Innovate, Succeed, and Empower Act of 2025 Lowering Student Loans Act of 2025
Client expense: $33,501 · Firm income: Not reported
2025 · third_quarter · Education
H.R.1048/ S.1296 Defending Education Transparency and Ending Rogue Regimes Engaging in Nefarious Transactions (DETERRENT) Act S.163 Protecting Students on Campus Act of 2025 S.558 Antisemitism Awareness Act of 2025 H.R. 3994 Understanding Student Parent Outcomes Act of 2025 H.R. 3985 Helping Student Parents Succeed Act H.R. 4054 Accreditation Choice and Innovation Act H.R. 433 Department of Education Protection Act H.R. 2003, Affordable Loans for Students Act Respond, Innovate, Succeed, and Empower Act of 2025
Client expense: $56,081 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2025 · second_quarter · Education
H.R.1048/ S.1296 Defending Education Transparency and Ending Rogue Regimes Engaging in Nefarious Transactions (DETERRENT) Act H.R.1023 Reporting on Investments in Foreign Adversaries (RIFA) Act S.1317 Safefguarding American Education from Foreign Control Act H.R 938 No Contracts for Foreign Adversaries Act H.R.542 No Foreign Gifts Act of 2025 H.R.881 DHS Restrictions on Confucius Institutes and Chinese Entities of Concern Act S.163 Protecting Students on Campus Act of 2025 S.558 Antisemitism Awareness Act of 2025 H.R. 3994 Understanding Student Parent Outcomes Act of 2025 H.R. 3985 Helping Student Parents Succeed Act H.R. 4054 Accreditation Choice and Innovation Act H.R. 433 Department of Education Protection Act H.R. 2003, Affordable Loans for Students Act
Client expense: $92,652 · Firm income: Not reported
| Democratic |
| NY |
| Maria Elvira Salazar | Republican | FL |
| Mariannette Miller-Meeks | Republican | IA |
| Shomari Figures | Democratic | AL |
Government targets: HOUSE OF REPRESENTATIVES, SENATE
Government targets: HOUSE OF REPRESENTATIVES, SENATE
Government targets: HOUSE OF REPRESENTATIVES, SENATE