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HR 6134119th CongressIn Committee
STUDENT Act
Introduced: Nov 19, 2025
Sponsor: Rep. Feenstra, Randy [R-IA-4] (R-Iowa)
Standard Summary
Comprehensive overview in 1-2 paragraphs
This bill amends the Higher Education Act of 1965 to require lenders to disclose the total amount of interest that would be paid over the life of a Federal student loan using the standard repayment plan, in addition to existing disclosure requirements. The disclosure must be included in the loan counseling materials provided to borrowers.
Key Points
- 1Requires disclosure of total interest paid over loan life
- 2Applies to Federal student loans under the Higher Education Act
- 3Uses standard repayment plan based on total outstanding principal
- 4Adds to existing disclosure requirements in section 455(p)
- 5Includes in loan counseling materials under section 433(a)
- 6Aims to increase borrower awareness of loan costs
Impact Areas
Student loan borrowersHigher education financingConsumer protectionFederal student loan programsFinancial literacyEducation policy
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