,i  #aafth ,,congress  #ast ,session    
,h4 ,r4 #cgea  ,,in ,,the ,,house ,,of  
,,representatives  ,july #ae1 #bjai,mr4 
,swalwell of ,california 7for himself   
and ,ms4 ,eshoo7 introduced the         
following bill2 which was referred to   
the ,committee on ,education and ,labor 
,a ,,bill  ,to amend the ,higher        
,education ,act of #aife to provide for 
the relief of interest on certain       
,federal student loans4  #a4 ,short     
title ,this ,act may be cited as the ,no
 ,student ,loan ,interest ,act4  #b4    
,zero-interest rates for borrowers of   
,federal student loans  7a7 ,interest   
rate for part ,b loans ,section #dbg;,a 
of the ,higher ,education ,act of #aife 
7#bj ,u4,s4,c4 #ajgg;a7 is amended to   
read as follows3  #dbg;,a4 ,applicable  
interest rates ,notwithstanding any     
other provision of law1 beginning on the
 date of the enactment of the ,no       
,student ,loan ,interest ,act1 the      
,secretary shall annually cancel or     
repay the interest on each loan made or 

insured under this part4  4  7b7        
,interest rate for part ,d loans        
,section #dee7;b7 of the ,higher        
,education ,act of #aife 7#bj ,u4,s4,c4 
#ajhg;e7b77 is amended to read as       
follows3  7b7 ,interest rates  7#a7 ,in 
general ,notwithstanding any other      
provision of law1 loans made to         
borrowers under this part shall have an 
applicable rate of interest equal to    
zero4  7#b7 ,rate ,the applicable rate  
of interest described in paragraph 7#a7 
shall be fixed for the period of the    
loan4  7#c7 ,rule for loans disbursed   
before date of enactment ,in the case of
 a loan made under this part for which  
the first disbursement was made before  
the date of the enactment of the ,no    
,student ,loan ,interest ,act1 the      
,secretary shall--  7,a7 cancel all     
interest due on such a loan2 and  7,b7  
adjust the interest rate of such loan in
 accordance with paragraph 7#a74  4