Read twice and referred to the Committee on Health, Education, Labor, and Pensions. (text of measure as introduced: CR S516)
Congressional Research Service
Official summary
Version 00 · Introduced in Senate · Jan 12, 2007
College Student Relief Act of 2007 - Amends the Higher Education Act of 1965 to phase-in cuts in the interest rate charged undergraduate student borrowers of subsidized loans under the Federal Family Education Loan (FFEL) program, thereby reducing such rate from 6.8% in July 2006 to 3.4% in July 2011.
No related bills are listed in this snapshot. This does not establish whether the proposal has appeared in earlier Congresses.
Source last updated: Aug 14, 2025. Consult Congress.gov for the current record.
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