"A bipartisan group of House members has filed a discharge petition to force a floor vote on the Affordable Loans for Students Act, a bill that would cap the interest rate on federal student loans at 2%. The petition is a procedural tool that lets rank-and-file members bypass House leadership and bring a stalled bill to the floor if 218 members sign on," The College Investor reports.

..."The original bill is backed by the National Association of Student Financial Aid Administrators (NASFAA), the American Council on Education, and the American Association of Colleges and Universities."

NASFAA's "Notable Headlines" section highlights media coverage of financial aid to help members stay up to date with the latest news. Articles included under the notable headlines section are not written by NASFAA, but rather by external sources. Inclusion in Today's News does not imply endorsement of the material or guarantee the accuracy of information presented.

Publication Date: 6/25/2026