To amend the Higher Education Act of 1965 to lower the interest rate on Federal student loans to 1 percent.
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
This bill, To amend the Higher Education Act of 1965 to lower the interest rate on Federal student loans to 1 percent., changes federal law or congressional policy affecting schools, students, and education providers. The main policy domain is Education, Healthcare, Government Operations.
Who Benefits and How
schools, students, and education providers may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.
Who Bears the Burden and How
federal implementing agencies, schools, students, and education providers may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.
Key Provisions
- Section H8166A0C4C56E48EDB73536D909D1A554: 1. Short title This Act may be cited as the Affordable Loans for Students Act.
- Section H6AB44C9CAF8F41DF9749FF241FAA4E5A: 2. Program authority Section 451(a) of the Higher Education Act of 1965 (20 U.S.C. 1087a(a)) is amended— by striking and (2) and inserting (2); and by...
- Section HFE213E40C4394435AB2828A1319E5C28: 3. Program for the loan modification of eligible Federal loans held by the Secretary, and refinancing of other Federal student loans Part D of title IV of the...
- Section H10E4CA9C37E44971AFC84632F18F84C3: 460A. Program for the loan modification of eligible Federal loans held by the Secretary, and refinancing of other Federal student loans The Secretary shall...
- Section HAE74F469F4EC466CBD8256C0D040FEFD: 4. Applicable rates of interest for loans made on or after the first July 1 after the date of enactment of the Affordable Loans for Students Act Section...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
This bill, To amend the Higher Education Act of 1965 to lower the interest rate on Federal student loans to 1 percent., changes federal law or congressional policy affecting schools, students, and education providers.
Key Policy Areas
Education, Healthcare, Government Operations
Primary Purpose
This bill, To amend the Higher Education Act of 1965 to lower the interest rate on Federal student loans to 1 percent., changes federal law or congressional policy affecting schools, students, and education providers.
Policy Domains
Whole bill
Identified Gains
- schools, students, and education providers
Identified Costs
- federal implementing agencies
- schools, students, and education providers
Legislative Progress
IntroducedMr. Lawler introduced the following bill; which was referred to …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "the_secretary"
- → The Secretary identified in the operative section
Key Definitions
Terms defined in this bill
any loan— made, insured, or guaranteed under part B, and which is not held by the Secretary
any loan— made, insured, or guaranteed under part B, and which is not held by the Secretary
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
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