Eliminating the Hidden Student Loan Tax Act
This legislation would end the practice of charging origination fees on all Direct Loans for undergraduate students, graduate students, and parents, with a proposed implementation date of July 1, 2015.
: Rep. Susan Davis (D-Calif.-53) introduced H.R. 1285
on March 4, 2015, and it was referred to the House Committee on Education and the Workforce. On April 29, 2015, the bill was referred to the Subcommittee on Higher Education and Workforce Training.