HR. 2003In Committee
Affordable Loans for Students Act
Plain-English overview
What this bill does
Set federal student loan interest rates at 2% for new and existing loans, including refinancing certain older federal loans into consolidation loans
Key points
- Direct Education loan term changes
- Allow borrower refinancing opt out
- Set 2 percent loan interest
Current status
Where it stands
Status
In Committee
Latest action
2025-03-10 — Referred to the House Committee on Education and Workforce.
Related context
Topics and policy areas
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Discovery signals
About these signals
Impact and Momentum are relative discovery aids calculated by Legislation Lemur. They help you scan the congressional record; they are not predictions, endorsements, ideological ratings, or measures of policy importance.
Impact ScoreOverall observed legislative footprint and accumulated activity.
MomentumHow recently active or changing the bill appears in available data.