Affordable Loans for Students Act
See how your representatives voted on this bill.
DeepSyte matches this bill to the issues you care about and shows whether your reps' votes line up — not party, not press releases. Take the 2-minute values quiz to see your alignment.
Alignment with your views
Sign in and take the values quiz to see how this bill lines up with what you've said.
Summary
This bill amends the Higher Education Act of 1965 to reduce the interest rate on federal student loans to 2 percent. It applies to existing federal direct loans held by the Department of Education and allows borrowers with federal loans held by private lenders to refinance them as federal direct consolidation loans at the 2 percent rate. The bill also sets the interest rate at 2 percent for all new federal student loans made on or after the first July 1 following enactment.
Values analysis
Sign in and take the values quiz to get a personalized read on how this bill lines up with your positions.
How your representatives voted
Sign in to see how your representatives voted on this bill.