arrow_back Back to App

Federal Student Loans: Mandatory Disclosure of Total Lifetime Interest Costs.

This bill mandates that federal student loan disclosures must include the total amount of interest a borrower will pay over the life of the loan. This change provides students with a clearer picture of the full financial commitment before they borrow. It aims to improve financial transparency and help borrowers make better-informed decisions about their education debt.
Key points
Lenders must disclose the total interest amount expected to be paid on federal student loans.
The calculation must use the standard repayment plan, offering a clear, standardized view of the debt's full cost.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_HR_6134
Sponsor: Rep. Feenstra, Randy [R-IA-4]
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-09-2025
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

STUDENT Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_HR_6134.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

What are the main provisions?

Key points include:

  • Lenders must disclose the total interest amount expected to be paid on federal student loans.
  • The calculation must use the standard repayment plan, offering a clear, standardized view of the debt's full cost.
What is the specific legal status?

The current status is Introduced.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Feenstra, Randy [R-IA-4].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Education and Workforce.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-23.

CATEGORIES

Education Economy