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HR 2003 · 119th Congress — Affordable Loans for Students Act

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. Right now,…

Congress
119
Bill
HR 2003
Status
Introduced
Introduced
2025-03-10
Latest action date
2025-03-10

Summary

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. Right now, the latest action is: Sent to the House Education and Workforce Committee. The listed sponsor is Rep. Lawler, Michael [R-NY-17] [R].

This summary may describe an earlier version. Check the official record for current wording.

Latest action

Referred to the House Committee on Education and Workforce.

Sponsors

Sources