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S. 2343, The Stop the Student Loan Interest Rate Hike Act of 2012

  • This item is from the 112th Congress (2011-2012) and is no longer current. Comments, voting, and wiki editing have been disabled, and the cost/savings estimate has been frozen.

Version saved on May 10, 2012, 07:29:17, by webmaster:

S. 2343 would amend the Higher Education Act of 1965 to extend the reduced interest rate for Federal Direct Stafford Loans.

Detailed Summary

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Status of the Legislation

Latest Major Action: 5/9/2012: Senate floor actions. Status: Motion to proceed to consideration of measure in Senate.

Points in Favor

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Points Against

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Costs: $82.09 per
and increases their $162,301.27 share of the national debt by $34.31.
(source: Congressional Budget Office)

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