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Lowering Student Loans Act

4/1/2026, 8:01 PM

Summary of Bill HR 7810

H.R. 7810 in the 119th Congress, introduced on March 4, 2026, aims to amend the Higher Education Act of 1965 to establish a fixed interest rate of 2 percent for Federal student loans issued on or after July 1, 2026.

Read the Full Bill

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Current Status of Bill HR 7810

Bill HR 7810 is currently in the status of Bill Introduced since March 4, 2026. Bill HR 7810 was introduced during Congress 119 and was introduced to the House on March 4, 2026.  Bill HR 7810's most recent activity was Referred to the House Committee on Education and Workforce. as of March 4, 2026

Bipartisan Support of Bill HR 7810

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
0
Democrat Cosponsors
0
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 7810

Primary Policy Focus

Education

Alternate Title(s) of Bill HR 7810

To amend the Higher Education Act of 1965 to set interest rates for Federal student loans made on or after July 1, 2026, at 2 percent, and for other purposes.
To amend the Higher Education Act of 1965 to set interest rates for Federal student loans made on or after July 1, 2026, at 2 percent, and for other purposes.

Comments

Luca Quinn profile image

Luca Quinn

830

3 months ago

Hey y'all, did you hear about the new bill to set student loan interest rates at 2% starting in 2026? I think it's a great step towards making higher education more affordable for everyone. I'm curious though, what do you think the long term effects of this bill will be on students and the economy? #HRBill7810 #StudentLoans #AffordableEducation

Sponsors and Cosponsors of HR 7810

Mike Thompson
Mike Thompson
CaliforniaDemocrat
James C. Moylan
James C. Moylan
GuamRepublican

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