Summary: To provide for the refinancing and recalculation of certain Federal student loans, and for other purposes. Cosponsors
ANGIE CRAIG’S POSITION: Representative Craig cosponsored the bill on 6/13/19.
STATUS: Introduced 3/27/19 by Rep. Garamendi, John [D-CA-3] .
INFORMATION RELATED TO THE BILL:
“For many Americans, the price of a college education is too high. The average 2019 graduate owes over $37,172 in student loan debt. This mountain of debt prevents graduates from reaching important milestones such as starting a family, buying a house, or opening their own business,” Garamendi said. “This bill would help relieve some of the debt burden faced by American students and their families, while ensuring that the federal government is not making a profit on the backs of students.” (Source: Rep. Garamendi, Press Release, 3/27/19)