S.2366 - Interest Rate Reduction Act

A bill to extend student loan interest rates for undergraduate Federal Direct Stafford Loans. view all titles (2)

All Bill Titles

  • Official: A bill to extend student loan interest rates for undergraduate Federal Direct Stafford Loans. as introduced.
  • Short: Interest Rate Reduction Act as introduced.

This Bill currently has no wiki content. If you would like to create a wiki entry for this bill, please Login, and then select the wiki tab to create it.

Bill’s Views

  • Today: 1
  • Past Seven Days: 2
  • All-Time: 1,680
 
Introduced
 
Senate
Passes
 
House
Passes
 
President
Signs
 

 
04/25/12
 
 
 
 
 
 
 

Sponsor

Senator

Lamar Alexander

R-TN

View Co-Sponsors (21)

Committees

No Committees found for this Bill

Official Summary

Interest Rate Reduction Act - Amends title IV (Student Assistance) of the Higher Education Act of 1965 to make the 3.4% interest rate on Direct Stafford loans first disbursed to undergraduate students between July 1, 2011, and July 1, 2012, applicable to Direct Stafford loans first disburse

Official Summary

Interest Rate Reduction Act - Amends title IV (Student Assistance) of the Higher Education Act of 1965 to make the 3.4% interest rate on Direct Stafford loans first disbursed to undergraduate students between July 1, 2011, and July 1, 2012, applicable to Direct Stafford loans first disbursed to undergraduate students between July 1, 2011, and July 1, 2013. Amends the Patient Protection and Affordable Care Act to repeal provisions establishing and appropriating funds to the Prevention and Public Health Fund (a Fund to provide for expanded and sustained national investment in prevention and public health programs to improve health and help restrain the rate of growth in private and public sector health care costs). Rescinds any unobligated balances appropriated to such Fund.

...Read the Rest

Organizations Supporting S.2366

  • Christian Coalition of America

Organizations Opposing S.2366

  • American Federation of Teachers
  • Club for Growth
  • Heritage Action for America
  • National Education Association
  • FreedomWorks
  • National Partnership for Women & Families
  • ...and 3 more. See all.




Vote on This Bill

50% Users Support Bill

1 in favor / 1 opposed
 

Send Your Senator a Letter

about this bill Support Oppose Tracking
Track with MyOC