Servicemember Student Loan Affordability Act of 2025 extends interest rate caps to student loans refinanced during military service.
The Servicemember Student Loan Affordability Act of 2025 amends the Servicemembers Civil Relief Act to cap interest rates at 6% for student loans refinanced during military service. This applies to both federal and private student loans incurred before military service. The bill redefines "student loan" to include federal and private education loans.
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