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Student Loan Interest Elimination Act
4/21/2026, 4:26 PM
Summary of Bill HR 8045
The bill titled "To amend the Higher Education Act of 1965" was introduced in the 119th Congress as H.R. 8045 on March 24, 2026. Its aim is to eliminate interest on student loans, establish the Education Affordability Trust Fund, and increase both annual and aggregate loan limits under the Act.
Read the Full Bill
Current Status of Bill HR 8045
Bill HR 8045 is currently in the status of Bill Introduced since March 24, 2026. Bill HR 8045 was introduced during Congress 119 and was introduced to the House on March 24, 2026. Bill HR 8045's most recent activity was Referred to the Committee on Education and Workforce, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. as of March 24, 2026
Bipartisan Support of Bill HR 8045
Total Number of Sponsors
1Democrat Sponsors
1Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
1Democrat Cosponsors
1Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 8045
Primary Policy Focus
EducationAlternate Title(s) of Bill HR 8045
To amend the Higher Education Act of 1965 to eliminate interest on student loans, establish the Education Affordability Trust Fund, increase annual and aggregate loan limits, and for other purposes.
To amend the Higher Education Act of 1965 to eliminate interest on student loans, establish the Education Affordability Trust Fund, increase annual and aggregate loan limits, and for other purposes.
Comments
Sponsors and Cosponsors of HR 8045
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