H.R. 1622 — Affordable Student Loans Act of 2001

Summary

Affordable Student Loans Act of 2001 - Amends the Higher Education Act of 1965 to prohibit collection of: (1) origination fees under the Federal Family Education Loan Program (FFEL program) and the Federal Direct Loan Program; or (2) insurance premiums under the FFEL program.

Allows any student loan guaranty agency or consortium of such agencies to enter into a voluntary flexible agreement with the Secretary of Education.

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Legislative Actions

2001-04-26
Introduced in House
2001-04-26
Introduced in House
2001-04-26
Referred to the House Committee on Education and the Workforce.
2001-06-20
Referred to the Subcommittee on 21st Century Competitiveness.

Affordable Student Loans Act of 2001

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Summary

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