HR6134119th CongressWALLET

STUDENT Act

Sponsored By: Representative Feenstra

Introduced

Summary

Requires a single “lifetime interest” figure on federal student loan disclosures. The bill would amend the Higher Education Act to require that borrower disclosures include the total interest paid over the life of all federally administered student loans, calculated using the standard repayment plan that applies to the borrower’s combined outstanding principal.

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 1 benefits, 0 costs, 0 mixed.

Student loan borrowers see lifetime interest

This bill would require your loan servicer or school to show the total interest you would pay over the life of your federal student loans. The number would be based on the standard repayment plan that applies to your total federal loan balance. It would add up interest across all your federal loans into one total. This is for transparency only and would not change your payments or eligibility.

Sponsors & CoSponsors

Sponsor

Feenstra

IA • R

Cosponsors

  • Rep. Hinson, Ashley [R-IA-2]

    IA • R

    Sponsored 11/19/2025

  • Rep. Nunn, Zachary [R-IA-3]

    IA • R

    Sponsored 11/19/2025

Roll Call Votes

No roll call votes available for this bill.

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