If It's Good Enough For the Banks, It's Good Enough For Students Act
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If It's Good Enough For the Banks, It's Good Enough For Students Act This bill establishes a program that allows qualified borrowers to refinance their Federal Direct Loans down to the lower interest rates offered to banks by the Federal Reserve System (i.e., through the discount window). The refinanced interest rate is fixed for the period of the loan. The bill also directs the Department of Education and the Consumer Financial Protection Bureau to carry out a campaign to notify qualified borrowers who are not in default on their loans that they are eligible to apply for refinancing under the program within a two-year period.
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2019 · second_quarter · Education
Public Law 116-13, Recognizing Achievement in Classified School Employees Act, Implementation H.R.865/S.266, Rebuild Americas Schools Act, Entirety H.R.1878/S.866, the IDEA Full Funding Act, Entirety H.R.2315/S.1172, Keep Our Promise to America's Children and Teachers (PACT) Act, Entirety H.R.2441/S.1203, the What You Can Do for Your Country Act, Entirety Reauthorization of the Higher Education Act, Entirety Americas College Promise Act, Entirety H.R.3512/S.867, Preventing Risky Operations from Threatening the Education and Career Trajectories of Students Act of 2019 (PROTECT Students Act), Entirety H.R.2006/S.943, College Equity Act, Entirety HR 3472/S.1947, College for All Act, Entirety S.1387, Consider Teachers Act, Entirety S.1775, Protecting Our Students and Taxpayers Act of 2019 or POST Act of 2019, Entirety Protecting Our Students by Terminating Graduate Rates that Add to Debt (POST GRAD) Act, Entirety S.1845, If its Good Enough for the banks, Its Good Enough for Students Act, Entirety Know Before You Owe Act Private Education Loan Act, Entirety Teacher loan forgiveness programs Generally monitor the following: Department of Education, Title IX Public Service Loan Forgiveness H.Res.31, Keeping guns out of classrooms S.Res.110, A resolution keeping guns out of classrooms S.568 Child Care for Working Families Act H.R.1364 Child Care for Working Families Act S. 213/H.R. 787, the SOAR Reauthorization Act Alice Cogswell and Anne Sullivan Macy Act Full-Service Community Schools in Distressed Communities Act, Community Schools
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Introduced in Senate
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Sources: Congress.gov
Client expense: $390,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
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