Anna Paulina Luna, Jared Moskowitz Aim to Force Vote on Capping Student Loan Interest
The petition would cap federal student loan interest rates at 2% and needs 218 House signatures to force a floor vote.
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Capping Student Loan Interest Would Cost Billions, Help Well-off Borrowers
Representative Anna Paulina Luna (R-FL) announced on Wednesday that she would file a discharge petition on her proposal, cosponsored with Representatives Mike Lawler (R-NY) and Jared Moskowitz (D-FL), to lock the federal student loan interest rate at 2 percent. Should a majority of House members sign the petition, the procedural move would force the measure to a floor vote, possibly over leadership’s objections. The interest rate cut has populis…
Congresswoman Luna Files Discharge Petition for Lawler's Affordable Loans for Students
From Congressman Mike Lawler: Runaway interest has turned federal student loans into a debt trap. Borrowers who are trying to repay what they owe deserve a fair shot to actually pay down their principal, not spend years feeding the government interest. This discharge petition gives Members from both parties the chance to stop hiding behind […]
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