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H.R.649 / 114th Congress

Student Loan Refinancing Act

Referred to the Subcommittee on Higher Education and Workforce Training.

Official summary

Version 00 · Introduced in House · Feb 2, 2015

Student Loan Refinancing Act

Amends title IV (Student Assistance) of the Higher Education Act of 1965 to allow a borrower of a loan under the William D. Ford Federal Direct Loan program to modify the interest rate on such a loan so that its interest rate is equal to the interest rate it would bear if first disbursed at the time of modification.

Fixes that interest rate for the life of the loan, unless the borrower elects to modify it again.

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Who introduced it

Rep. Pocan, Mark [D-WI-2] · D–WI

Committees

  • Education and Workforce Committee
52 cosponsorship records, including any withdrawals

Actions

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  1. Referred to the Subcommittee on Higher Education and Workforce Training.

  2. Referred to the House Committee on Education and the Workforce.

  3. Introduced in House

  4. Introduced in House

Bill text & related measures

Text links open the official source. We currently store references to these documents.

Related bills identified by Congress.gov

Source last updated: Mar 23, 2026. Consult Congress.gov for the current record.

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Objective

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Fairness and public impact

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Individual rights and government power

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