Rep. Lawler Introduces Bipartisan Bill Lowering Interest Rate on All Federal Student Loans to 1%
November 19, 2024
November 19, 2024
WASHINGTON, Nov. 19 -- Rep. Mike Lawler, R-New York, issued the following news release on Nov. 18, 2024:
Today, Congressman Mike Lawler (NY-17) introduced the Affordable Loans for Students Act, which will lower the interest rate on federal student loans to 1%. Specifically, the Affordable Loans for Students Act:
* Lowers the interest rate on federal student loans to 1%;
* Retroactively applies the interest rate adjustment to outstanding loans;
. . .
Today, Congressman Mike Lawler (NY-17) introduced the Affordable Loans for Students Act, which will lower the interest rate on federal student loans to 1%. Specifically, the Affordable Loans for Students Act:
* Lowers the interest rate on federal student loans to 1%;
* Retroactively applies the interest rate adjustment to outstanding loans;
. . .