S. 2343 (112th): Stop the Student Loan Interest Rate Hike Act of 2012


Apr 24, 2012
112th Congress, 2011–2013


Failed Senate on May 24, 2012

This bill failed in the Senate on May 24, 2012.


Harry Reid

Senior Senator from Nevada



Read Text »
Last Updated: Apr 24, 2012
Length: 12 pages

About the bill

Full Title

A bill to amend the Higher Education Act of 1965 to extend the reduced interest rate for Federal Direct Stafford Loans, and for other purposes.

Summary (CRS)

4/24/2012--Introduced.Stop the Student Loan Interest Rate Hike Act of 2012 - Amends title IV (Student Assistance) of the Higher Education Act of 1965 to make the 3.4% interest rate on ... Read more >

The bill’s title was written by its sponsor.


Apr 24, 2012

This is the first step in the legislative process.

Apr 24, 2012
Reported by Committee

A committee has issued a report to the full chamber recommending that the bill be considered further. Only about 1 in 4 bills are reported out of committee.

May 8, 2012
Failed Cloture in the Senate

The Senate must often vote to end debate before voting on a bill, called a cloture vote. The vote on cloture failed. This is often considered a filibuster. The Senate may try again.

May 24, 2012
Failed Senate

A vote on the bill failed in the Senate. The bill is now dead.

This is a Senate bill in the United States Congress (indicated by the “S.” in “S. 2343”). A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.


22 cosponsors (21D, 1I) (show)
May 8, 2012 12:01 p.m.
Cloture on the Motion to Proceed Rejected 52/45
May 24, 2012 4:02 p.m.
Bill Defeated 51/43

Related Bills

Legislative action may be ocurring on one of these bills in lieu of or in parallel to action on this bill.

H.R. 5812 (Related)
Investing in Our Student’s Future Act

Referred to Committee
Last Action: May 17, 2012

S. 2834 (Related)
Subsidized Stafford Loan Reduced Interest Rate Extension Act of 2012

Referred to Committee
Last Action: May 7, 2012

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Links & tools

Primary Source

THOMAS.gov (The Library of Congress)

GovTrack gets most information from THOMAS, which is updated generally one day after events occur. Activity since the last update may not be reflected here. Data comes via the congress project.


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