S 2596 · 117th Congress

LOAN Act of 2021

<p><b>Leveraging Opportunities for Americans Now Act of 2021 or the LOAN Act of </b><strong>2021</strong></p> <p>This bill revises interest rates and repayment plans for federal student loans.</p> <p>Specifically, the bill directs the Department of Education (ED) to set the interest rate on federal student loans ma…

Sponsor

Rubio, Marco (R-FL)

Introduced

2021-08-04

Policy area

Education

Latest action

Read twice and referred to the Committee on Health, Education, Labor, and Pensions.