Bill · S. 2764· Senate(119-S-2764)
STUDENT Act
- Introduced
- 9/10/2025
- Last activity
- 9/10/2025 — Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
- Sponsored by
- Joni Ernst
- Cosponsors
- - 4 - 3
- Introduced
- In Committee
What this bill would do
The STUDENT Act requires that certain Federal student loans disclose the total amount of interest that would be paid over the life of the loan. This disclosure must be based on the standard repayment plan and the borrower's total outstanding principal.
Yes· 3 of 14
Would students be better off under this?+6
Directly benefits students by allowing them to understand the long-term cost of their education loans.
Would people in their twenties and thirties be better off under this?+5
Young adults are the primary demographic taking out student loans and will benefit from increased transparency.
Would households on low incomes be better off under this?+4
Helps low-income borrowers avoid unexpected debt accumulation by knowing the total interest cost upfront.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
- Increased Transparency: The bill requires the disclosure of the total interest paid over the life of a loan, which helps borrowers understand the full cost of their debt. This is found in Section 2.
Potential Negative Impacts for People
- No negative impacts for people are explicitly mentioned in the provided text.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Demographic And Interest Groups
- Good For Students+6Good For Young Adults+5Good For Low Income Households+4Good For Middle Class Households+3Good For African Americans+2Good For Asian Americans+2Good For Hispanic Americans+2Good For Middle Aged+2Good For Native Americans+2Good For White Americans+2Good For High Income Households+1
- Governance And Ideology
- Improves Government Transparency+4
- Economy And Finance
- Improves Consumer Protection+3
- Education And Technology
- Improves College Affordability+2
- 9/30/2025
- 1 Cosponsor added.
- 9/16/2025
- 1 Cosponsor added.
- 9/10/2025
- Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
- 5 Cosponsors added.
- Introduced in Senate
One bill Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.
Chuck GrassleyRepublican · Iowa
Maggie HassanDemocrat · New Hampshire
Amy KlobucharDemocrat · Minnesota
Timothy KaineDemocrat · Virginia
Ashley MoodyRepublican · Florida
Pete RickettsRepublican · Nebraska
Eric SchmittRepublican · Missouri