I will co-lead legislation to cap federal student loan interest rates at 2 percent and reduce existing federal loan rates above that level.

Congressman James Moylan is co-leading bipartisan legislation with Congressman Mike Thompson (CA-04) to set the interest rate for all new federal student loans at a fixed 2 percent and reduce interest rates on existing federal loans above that level.

Moylan commits to co-leading a bill that would set new federal student loan interest rates at 2 percent and lower existing higher-rate federal loans to 2 percent.

Congressman Moylan Co-leads Bipartisan Bill to Cap Federal Student Loan Interest Rates At 2 Percent | Representative Moylan
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Congressman James Moylan is co-leading bipartisan legislation with Congressman Mike Thompson (CA-04) to set the interest rate for all new federal student loans at a fixed 2 percent and reduce interest rates on existing federal loans above that level

Moylan announced he is co-leading bipartisan legislation to cap new federal student loan interest rates at 2 percent and lower rates on existing loans above that level.

Press Releases | Representative Moylan
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