[Congressional Bills 107th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3273 Introduced in House (IH)]







107th CONGRESS
  1st Session
                                H. R. 3273

   To amend the Higher Education Act of 1965 to provide student loan 
       borrowers with a choice of lender for loan consolidation.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                            November 9, 2001

 Mr. Regula (for himself, Mr. Hoekstra, and Mr. Cunningham) introduced 
 the following bill; which was referred to the Committee on Education 
                           and the Workforce

_______________________________________________________________________

                                 A BILL


 
   To amend the Higher Education Act of 1965 to provide student loan 
       borrowers with a choice of lender for loan consolidation.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Consolidation Student Loan 
Flexibility Act of 2001''.

SEC. 2. STUDENT LOAN BORROWER CHOICE OF LOAN CONSOLIDATOR.

    Section 428C(b)(1)(1)(A) of the Higher Education Act of 1965 (20 
U.S.C. 1078-3(b)(1)(A)) is amended by striking ``and (i) the lender 
holds'' and all that follows through ``selected for consolidation)''.
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