H.R. 5487: Student Loan Fairness Act

To increase purchasing power, strengthen economic recovery, and restore fairness in financing higher education in the United States through student loan forgiveness, caps on interest rates on Federal student loans, and refinancing opportunities for private borrowers, and for other purposes.

The bill’s titles are written by its sponsor.

What you can do



Jun 15, 2016


Referred to Committee on Jun 15, 2016

This bill was assigned to a congressional committee on June 15, 2016, which will consider it before possibly sending it on to the House or Senate as a whole.


Karen Bass

Representative for California's 37th congressional district



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Last Updated: Jun 15, 2016
Length: 25 pages


1% chance of being enacted according to PredictGov (details)


Jun 15, 2016

This is the first step in the legislative process.

Reported by Committee

Passed House

Passed Senate

Signed by the President

H.R. 5487 is a bill in the United States Congress.

A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.

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“H.R. 5487 — 114th Congress: Student Loan Fairness Act.” www.GovTrack.us. 2016. October 26, 2016 <https://www.govtrack.us/congress/bills/114/hr5487>

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