CONGRESS FOR VOTERS

Brian Babin (R-TX)

REDI Act

H.R. 2028 · House bill Education

A Republican bill with 82 Democratic cosponsors · See all 133 cosponsors

Last activity — Referred to the House Committee on Education and Workforce.

In committee

Introduced and handed to a committee in the chamber it started in.

The committee holds it, and most bills are never heard from again. A hearing or a committee vote would be news; silence is the usual outcome, and it kills the bill without anyone voting against it.

Its path through Congress

  1. Introduced
  2. In Committee

What this bill would do

This bill, known as the "Resident Education Deferred Interest Act" or the "REDI Act," aims to amend the Higher Education Act of 1965. It focuses on providing interest-free deferment on student loans for specific borrowers. This applies to individuals serving in medical or dental internship or residency programs. Under this change, borrowers would not need to pay periodic installments of principal. Additionally, interest would not accrue on loans made to these borrowers during their service.

Yes· 3 of 5

  • Scored +7

    Does this make college cost less?

    The bill directly increases affordability by preventing interest accrual during medical or dental residencies.

  • Scored +6

    Does this reduce what student borrowers owe or repay?

    It provides specific relief to borrowers during the intensive training period of an internship or residency.

  • Scored +6

    Would students be better off under this?

    The bill directly benefits students in the advanced stages of their medical or dental training.

The opposite

  • Scored -1

    Does this reduce what the federal government owes?

    Suspending interest accrual on federal loans may slightly increase the long-term deficit.