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S 4097 · 119th Congress

State-Based Education Loan Awareness Act

This bill creates a special exemption for state-run education loan programs so they don't have to follow certain federal rules about 'preferred lender arrangements.' Here's what that means in plain terms: colleges often have relationships with specific lenders they recommend to students. Federal law normally restric…

Sponsor
Murkowski, Lisa (R-Alaska)
Introduced
2026-03-16
Policy area
Education

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