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Student Loan Update: Republicans Fight To Save Borrowers Thousands

Lawler is championing a bill to cap federal student-loan interest rates at 2 percent.

Student Loan Update: Republicans Fight To Save Borrowers Thousands
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This article1 analysis · Oct 1, 2026
Newsweek
Aug 12, 2026
tl;dr

House Republicans are pushing H.R. 2003, which would cap federal student-loan interest rates at 2 percent, while Democrats back a competing plan to eliminate interest. A discharge petition led by Anna Paulina Luna could force a House vote, but both proposals face substantial obstacles.

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Michael Lawler R · NY-17
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Michael Lawler
R · NY-17

Champion of the bill to cap federal student-loan interest rates

PRIMARY SUBJECT

Leader of the discharge petition seeking a House vote on the bill

Luna's version of this story ↗
Joe Courtney
D · CT-2

Sponsor of the competing zero-interest student-loan proposal

Courtney's version of this story ↗

Listed sponsor or cosponsor of the zero-interest proposal

Peter Welch
D · VT · SEN

Senate sponsor of the competing zero-interest proposal

Listed sponsor or cosponsor of the zero-interest proposal

Mike Levin
D · CA-49

Listed sponsor or cosponsor of the zero-interest proposal

John Fetterman
D · PA · SEN

Listed sponsor or cosponsor of the zero-interest proposal

Listed sponsor of the 2 percent rate-cap bill

Listed sponsor or cosponsor of the zero-interest proposal

Listed sponsor of the 2 percent rate-cap bill

Dwight Evans
D · PA-3

Listed sponsor or cosponsor of the zero-interest proposal

Listed sponsor or cosponsor of the zero-interest proposal

Bobby Scott
D · VA-3

Listed sponsor or cosponsor of the zero-interest proposal

Ted Lieu
D · CA-36

Listed sponsor or cosponsor of the zero-interest proposal

Jared Moskowitz
D · FL-23

Democratic supporter of the 2 percent rate-cap bill

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