Summary: H.R.7449 — 116th Congress (2019-2020)All Information (Except Text)

There is one summary for H.R.7449. Bill summaries are authored by CRS.

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Introduced in House (07/01/2020)

Bank on Students Coronavirus Emergency Loan Refinancing Act of 2020

This bill establishes refinancing programs for federal and private student loans. Specifically, it allows certain borrowers to refinance their federal student loans down to lower interest rates, and creates the Federal Direct Refinanced Private Loan to allow certain borrowers to refinance their private student loans.