CONGRESS FOR VOTERS

RepublicanBill · H.R. 2028· House(119-HR-2028)

REDI Act

Rep. Babin
Age: 78 years
Texas
Introduced
3/11/2025
Last activity
3/11/2025 — Referred to the House Committee on Education and Workforce.
Sponsored by
Brian Babin
Cosponsors
Republican - 48Democrat - 82
Education
  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

  • Does this make college cost less?+7

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

  • Does this reduce what student borrowers owe or repay?+6

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

  • Would students be better off under this?+6

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

The opposite

  • Does this reduce what the federal government owes?-1

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