HR 7810 · 119th Congress

Lowering Student Loans Act

This bill would lower the interest rate on federal student loans to a flat 2 percent for all borrowers, starting July 1, 2026. If you have federal student loans—whether they're Stafford loans, PLUS loans, or consolidation loans—this would apply to you. For new loans taken out on or after July 1, 2026, the rate would…

Sponsor

Thompson, Mike (D-California)

Introduced

2026-03-04

Policy area

Education