S 3538
Student Loan Tax Elimination Act
Jurisdiction
US Congress
Session
119th Congress (2025-2026)
Last updated at
Jun 14, 2026, 7:28 AM
Take action
Sign in to record your position, submit testimony, or contact your legislator.
Sign in to take action- Introduced
- Passed Senate
- Passed House
- To President
- Became Law
Bill overview
This bill, the Student Loan Tax Elimination Act, aims to eliminate the fees charged on federal direct student loans. Specifically, it repeals a section of the Higher Education Act that allows for the collection of origination fees. This change would reduce the overall cost of borrowing for students and prospective borrowers. The bill’s provisions take effect for loans disbursed or consolidated after July 1st of the year the bill is enacted.
Sponsors
Official sponsors from legislative records.
Primary sponsor
Cosponsors
Arguments in favor
Reasons to support this legislation.
No arguments in favor have been submitted.
Submit yoursArguments opposed
Reasons to oppose this legislation.
No arguments opposed have been submitted.
Submit yoursRead the latest version inline or switch to a previous version.