Servicemember Student Loan Affordability Act of 2025

This bill changes the Servicemembers Civil Relief Act, which already limits interest to 6 percent on certain debts taken on before military service. It would also cap interest at 6 percent during military service on new loans a servicemember (alone or jointly with a spouse) takes out while serving to consolidate or refinance student loans from before their service. The cap would apply only to refinancing or consolidating student loans, not other debts. The cap would take effect on the date the new loan is taken out. Student loans covered include federal student loans and private education loans.

Full text and official record on Congress.gov

Sponsors

• Delia C. Ramirez Democrat sponsor
• 10 cosponsors