A bill to amend the Servicemembers Civil Relief Act to extend the interest rate limitation on debt entered into during military service to debt incurred during military service to consolidate or refinance student loans incurred before military service.
About This Bill
Committee
Latest Action · June 18, 2020
Read twice and referred to the Committee on Veterans' Affairs. (text: CR S3104)
Servicemember Student Loan Affordability Act of 2020
This bill extends the 6% interest rate limitation on debt entered into during a service member's military service to any debt entered into to consolidate or refinance one or more student loans incurred before such service.
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