Bills · HR 3165
IN COMMITTEE· 119TH CONGRESS
House BillHR 3165Education
Student Loan Tax Elimination Act
INTRO MAY 1· LAST ACTION MAY 1
READING
1MIN
COSPONSORS
4
READER REACTIONS0 TOTAL
NO VOTES YET · BE THE FIRST
- Introduced only
LEGISLATIVE PROGRESS
STEP 2 / 8Introduced
In Committee
Reported
Passed House
Passed Senate
Conference
To President
Became Law
WHAT THE BILL DOES
AI-writtenThis bill matters because it directly lowers the cost of borrowing for higher education for anyone taking out federal student loans. Currently, the government charges a fee when it gives out these loans, which reduces the amount of money a student actually receives and adds to the total debt they have to repay with interest. This effectively increases the overall cost of their education.
If this bill passes, students would get the full loan amount and not have to pay back these extra fees, making college slightly more affordable and potentially easing the overall student debt burden for new borrowers. Without this bill, these fees would continue to be applied to federal student loans, increasing the total cost of education for students over time.
KEY PROVISIONS
2AI-extractedPROVISION 01
This bill eliminates the origination fees currently charged on all Federal Direct Loans, which include Stafford (subsidized and unsubsidized), PLUS, and Direct Consolidation Loans.
This directly reduces the upfront cost of borrowing for students and prevents them from paying interest on these fees over time.
PROVISION 02
The elimination of these fees will take effect for new federal direct loans where the first payment is made, or for federal direct consolidation loans where the application is received, on or after July 1st following the bill's enactment.
This sets a clear start date for when borrowers will begin to benefit from the fee elimination.
SPONSORSHIP
1 + 4
R· Pennsylvania
YRS IN OFFICE
9
BILLS LED
32
COSPONSOR BREAKDOWNBIPARTISAN · 0%
DEM 4 REP 0 IND 0
ACTION TIMELINE
2 EVENTSMAY 1
Introduced in House
MAY 1
Referred to the House Committee on Education and Workforce.
BILL INFO
TypeHouse Bill
NumberHR 3165
Congress119th
StatusIn Committee
IntroducedMay 1, 2025
Last actionMay 1, 2025
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IN COMMITTEE· 119TH CONGRESS · EDUCATION AND WORKFORCE COMMITTEE · INTRODUCED MAY 1, 2025
House BillHR 3165Education
Student Loan Tax Elimination Act
INTRODUCED MAY 1, 2025· LAST ACTION MAY 1, 2025
PASSAGE CHANCES
—%
READING
1 min
COSPONSORS
4
COMPLEXITY
Moderate
