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S. 1557 (114th): Servicemember Student Loan Affordability Act of 2015


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The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress, and was published on Jun 11, 2015.


Servicemember Student Loan Affordability Act of 2015

Amends the Servicemembers Civil Relief Act to extend the 6% interest rate limitation on debt entered into during a servicemember's military service to any debt entered into to consolidate or refinance one or more student loans incurred before such service.