No Student Loan Interest Act
Summary
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.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jul 2021
Committee Review
Floor Vote
President
Introduced Jul 27, 2021
Last action Jul 27, 2021
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Jul 27, 2021
Committee
Referred to the House Committee on Education and Labor.
lower
Jul 27, 2021
Introduced
Introduced in House
lower
1 primary · 7 co-sponsors
Sponsors
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