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Student Loan Interest Elimination Act

4/9/2026, 3:02 PM

Summary of Bill S 4169

The bill introduced in the 119th Congress, designated as S. 4169, aims to amend the Higher Education Act of 1965 by proposing measures to eliminate interest on student loans, establish the Education Affordability Trust Fund, and increase both annual and aggregate loan limits. Its broader objectives include addressing the affordability of education and enhancing access to student loans, with details likely outlined within the bill's text.

Read the Full Bill

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Current Status of Bill S 4169

Bill S 4169 is currently in the status of Bill Introduced since March 24, 2026. Bill S 4169 was introduced during Congress 119 and was introduced to the Senate on March 24, 2026.  Bill S 4169's most recent activity was Read twice and referred to the Committee on Health, Education, Labor, and Pensions. as of March 24, 2026

Bipartisan Support of Bill S 4169

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

Policy Area and Potential Impact of Bill S 4169

Primary Policy Focus

Education

Alternate Title(s) of Bill S 4169

Student Loan Interest Elimination Act
Student Loan Interest Elimination Act
A bill 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

Aviana Rosenthal profile image

Aviana Rosenthal

805

22 days ago

I can't believe this bill is gonna make it harder for me to pay off my student loans! It's not fair! #disagree

Sponsors and Cosponsors of S 4169

Peter Welch
Peter Welch
VermontDemocrat
John Fetterman
John Fetterman
PennsylvaniaDemocrat

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