summary
Introduced
12/17/2025
12/17/2025
In Committee
12/17/2025
12/17/2025
Crossed Over
Passed
Dead
Introduced Session
119th Congress
Bill Summary
A bill to amend the Higher Education Act of 1965 to eliminate origination fees on Federal Direct loans.
AI Summary
This bill, titled the "Student Loan Tax Elimination Act," aims to amend the Higher Education Act of 1965 to eliminate origination fees on Federal Direct loans, which are loans provided by the federal government to students for educational expenses. Specifically, it repeals subsection (c) of section 455 of the Higher Education Act of 1965, which is the part of the law that allows for these origination fees. This change will take effect for loans disbursed or for which applications are received on or after July 1 following the bill's enactment, meaning students will no longer have to pay an upfront fee when taking out these federal student loans.
Committee Categories
Health and Social Services
Sponsors (4)
Last Action
Read twice and referred to the Committee on Health, Education, Labor, and Pensions. (on 12/17/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/119th-congress/senate-bill/3538/all-info |
| BillText | https://www.congress.gov/119/bills/s3538/BILLS-119s3538is.pdf |
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