Courtney, Welch re-introduced the Student Loan Interest Elimination Act, a bill to lower the cost of college for current and future student loan borrowers. The Student Loan Interest Elimination Act would allow borrowers to refinance the interest on all current and future federal student loans to zero percent.
Eliminate interest on federal student loans by supporting legislation that refiances current and future federal student loans to a zero percent interest rate.
Occurrences
Evidence
Rep. Joe Courtney and Sen. Peter Welch reintroduced the Student Loan Interest Elimination Act, described as a bill to lower the cost of college and refinance the interest on current and future federal student loans to zero percent.
Assessments
Courtney materially advanced the promised policy by reintroducing the Student Loan Interest Elimination Act in the 119th Congress, which would refinance current and future federal student loans to a zero percent interest rate. However, the available record shows introduction/reintroduction only, not passage, enactment, or implemented zero-percent federal student loan refinancing. Because the promised substantive outcome has not been delivered, but Courtney made a serious legislative attempt in federal office, this is a failed delivery with effort credit.