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S2432: Bank on Students Emergency Loan Refinancing Act
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S2432
Bank on Students Emergency Loan Refinancing Act
1
Roll Calls
32
Yea (latest vote)
15
Nay (latest vote)
Senate
2014-06-11 – 2014-06-11

About S2432

Bank on Students Emergency Loan Refinancing Act

Policy Area: Education

Sponsor: Sen. Warren, Elizabeth [D-MA] (D-MA)

Latest Action (2014-09-18): Motion to proceed to consideration of measure made in Senate. (consideration: CR S5725-5726)

Summary

Bank on Students Emergency Loan Refinancing Act – Amends title IV (Student Assistance) of the Higher Education Act of 1965 to direct the Secretary of Education to establish a program to refinance the unpaid principal, accrued unpaid interest, and late charges on: (1) the William D. Ford Federal Direct Loans (DLs) of qualified borrowers if the DLs were first disbursed or, in the case of Direct Consolidation Loans, applied for, before July 1, 2013; and (2) the Federal Family Education Loans (FFELs) of qualified borrowers as DLs. (FFELs were not disbursed after June 30, 2010.) Refinances the FFELs as Federal Direct Stafford, Unsubsidized Stafford, PLUS, or Consolidated Loans depending on the categorization of the FFEL as a Stafford, Unsubsidized Stafford, PLUS, or Consolidated Loan. Sets the interest rate on the refinanced loans, other than the Federal Direct Consolidation Loans, at the rate for the 12 months beginning on July 1, 2013, based on: (1) the DL's categorization; and (2) in the case of Stafford Loans, whether the loan was issued to an undergraduate or graduate student. Determines a refinanced Consolidation Loan's interest rate by: (1) weighing the proportion of the unpaid balance of the Consolidation Loan that each component loan represents, (2) setting the interest rate on each component loan at the lesser of the rate on the component loan for the 12 months beginning on July 1, 2013, or its original rate, and (3) applying the weighted average of the interest rates o

Subjects: Budget deficits and national debt, Government lending and loan guarantees, Higher education, Income tax deductions, Income tax rates, Inflation and prices, Interest, dividends, interest rates, Social work, volunteer service, charitable organizations

Who Voted How on S2432

Filter by Yea, Nay, or Absent

Vote Breakdown — S2432

How members voted on S2432. 50 total positions across all roll calls for this bill.

Member Date Question Vote Result
Tammy Baldwin (D-Wisconsin) 2014-06-11 On Cloture on the Motion to Proceed S. 2432 Yea Cloture on the Motion to Proceed Rejected (56-38,
John Boozman (R-Arkansas) 2014-06-11 On Cloture on the Motion to Proceed S. 2432 Nay Cloture on the Motion to Proceed Rejected (56-38,
John Barrasso (R-Wyoming) 2014-06-11 On Cloture on the Motion to Proceed S. 2432 Nay Cloture on the Motion to Proceed Rejected (56-38,
Michael F. Bennet (D-Colorado) 2014-06-11 On Cloture on the Motion to Proceed S. 2432 Yea Cloture on the Motion to Proceed Rejected (56-38,
Richard Blumenthal (D-Connecticut) 2014-06-11 On Cloture on the Motion to Proceed S. 2432 Yea Cloture on the Motion to Proceed Rejected (56-38,
Cory A. Booker (D-New Jersey) 2014-06-11 On Cloture on the Motion to Proceed S. 2432 Yea Cloture on the Motion to Proceed Rejected (56-38,
Shontel M. Brown (D-Ohio) 2014-06-11 On Cloture on the Motion to Proceed S. 2432 Yea Cloture on the Motion to Proceed Rejected (56-38,
Nicholas J. Begich (R-Alaska) 2014-06-11 On Cloture on the Motion to Proceed S. 2432 Yea Cloture on the Motion to Proceed Rejected (56-38,
Maria Cantwell (D-Washington) 2014-06-11 On Cloture on the Motion to Proceed S. 2432 Yea Cloture on the Motion to Proceed Rejected (56-38,
Mike Crapo (R-Idaho) 2014-06-11 On Cloture on the Motion to Proceed S. 2432 Nay Cloture on the Motion to Proceed Rejected (56-38,
Susan M. Collins (R-Maine) 2014-06-11 On Cloture on the Motion to Proceed S. 2432 Yea Cloture on the Motion to Proceed Rejected (56-38,
John Cornyn (R-Texas) 2014-06-11 On Cloture on the Motion to Proceed S. 2432 Nay Cloture on the Motion to Proceed Rejected (56-38,
Christopher A. Coons (D-Delaware) 2014-06-11 On Cloture on the Motion to Proceed S. 2432 Yea Cloture on the Motion to Proceed Rejected (56-38,
Ted Cruz (R-Texas) 2014-06-11 On Cloture on the Motion to Proceed S. 2432 Nay Cloture on the Motion to Proceed Rejected (56-38,
Richard J. Durbin (D-Illinois) 2014-06-11 On Cloture on the Motion to Proceed S. 2432 Yea Cloture on the Motion to Proceed Rejected (56-38,
Deb Fischer (R-Nebraska) 2014-06-11 On Cloture on the Motion to Proceed S. 2432 Nay Cloture on the Motion to Proceed Rejected (56-38,
Lindsey Graham (R-South Carolina) 2014-06-11 On Cloture on the Motion to Proceed S. 2432 Not Voting Cloture on the Motion to Proceed Rejected (56-38,
Chuck Grassley (R-Iowa) 2014-06-11 On Cloture on the Motion to Proceed S. 2432 Nay Cloture on the Motion to Proceed Rejected (56-38,
Kirsten E. Gillibrand (D-New York) 2014-06-11 On Cloture on the Motion to Proceed S. 2432 Yea Cloture on the Motion to Proceed Rejected (56-38,
Mazie K. Hirono (D-Hawaii) 2014-06-11 On Cloture on the Motion to Proceed S. 2432 Yea Cloture on the Motion to Proceed Rejected (56-38,
Martin Heinrich (D-New Mexico) 2014-06-11 On Cloture on the Motion to Proceed S. 2432 Yea Cloture on the Motion to Proceed Rejected (56-38,
John Hoeven (R-North Dakota) 2014-06-11 On Cloture on the Motion to Proceed S. 2432 Nay Cloture on the Motion to Proceed Rejected (56-38,
Ron Johnson (R-Wisconsin) 2014-06-11 On Cloture on the Motion to Proceed S. 2432 Nay Cloture on the Motion to Proceed Rejected (56-38,
Dusty Johnson (R-South Dakota) 2014-06-11 On Cloture on the Motion to Proceed S. 2432 Yea Cloture on the Motion to Proceed Rejected (56-38,
Amy Klobuchar (D-Minnesota) 2014-06-11 On Cloture on the Motion to Proceed S. 2432 Yea Cloture on the Motion to Proceed Rejected (56-38,
Angus S. King (I-Maine) 2014-06-11 On Cloture on the Motion to Proceed S. 2432 Yea Cloture on the Motion to Proceed Rejected (56-38,
Tim Kaine (D-Virginia) 2014-06-11 On Cloture on the Motion to Proceed S. 2432 Yea Cloture on the Motion to Proceed Rejected (56-38,
Mike Lee (R-Utah) 2014-06-11 On Cloture on the Motion to Proceed S. 2432 Nay Cloture on the Motion to Proceed Rejected (56-38,
Edward J. Markey (D-Massachusetts) 2014-06-11 On Cloture on the Motion to Proceed S. 2432 Yea Cloture on the Motion to Proceed Rejected (56-38,
Mitch McConnell (R-Kentucky) 2014-06-11 On Cloture on the Motion to Proceed S. 2432 Nay Cloture on the Motion to Proceed Rejected (56-38,
Jerry Moran (R-Kansas) 2014-06-11 On Cloture on the Motion to Proceed S. 2432 Not Voting Cloture on the Motion to Proceed Rejected (56-38,
Patty Murray (D-Washington) 2014-06-11 On Cloture on the Motion to Proceed S. 2432 Yea Cloture on the Motion to Proceed Rejected (56-38,
Lisa Murkowski (R-Alaska) 2014-06-11 On Cloture on the Motion to Proceed S. 2432 Yea Cloture on the Motion to Proceed Rejected (56-38,
Christopher Murphy (D-Connecticut) 2014-06-11 On Cloture on the Motion to Proceed S. 2432 Yea Cloture on the Motion to Proceed Rejected (56-38,
Jeff Merkley (D-Oregon) 2014-06-11 On Cloture on the Motion to Proceed S. 2432 Yea Cloture on the Motion to Proceed Rejected (56-38,
Robert Menendez (D-New Jersey) 2014-06-11 On Cloture on the Motion to Proceed S. 2432 Yea Cloture on the Motion to Proceed Rejected (56-38,
Rand Paul (R-Kentucky) 2014-06-11 On Cloture on the Motion to Proceed S. 2432 Nay Cloture on the Motion to Proceed Rejected (56-38,
Jack Reed (D-Rhode Island) 2014-06-11 On Cloture on the Motion to Proceed S. 2432 Yea Cloture on the Motion to Proceed Rejected (56-38,
James E. Risch (R-Idaho) 2014-06-11 On Cloture on the Motion to Proceed S. 2432 Nay Cloture on the Motion to Proceed Rejected (56-38,
Bernard Sanders (I-Vermont) 2014-06-11 On Cloture on the Motion to Proceed S. 2432 Yea Cloture on the Motion to Proceed Rejected (56-38,
Charles E. Schumer (D-New York) 2014-06-11 On Cloture on the Motion to Proceed S. 2432 Yea Cloture on the Motion to Proceed Rejected (56-38,
Jeanne Shaheen (D-New Hampshire) 2014-06-11 On Cloture on the Motion to Proceed S. 2432 Yea Cloture on the Motion to Proceed Rejected (56-38,
Tim Scott (R-South Carolina) 2014-06-11 On Cloture on the Motion to Proceed S. 2432 Not Voting Cloture on the Motion to Proceed Rejected (56-38,
Brian Schatz (D-Hawaii) 2014-06-11 On Cloture on the Motion to Proceed S. 2432 Yea Cloture on the Motion to Proceed Rejected (56-38,
John Thune (R-South Dakota) 2014-06-11 On Cloture on the Motion to Proceed S. 2432 Nay Cloture on the Motion to Proceed Rejected (56-38,
Roger F. Wicker (R-Mississippi) 2014-06-11 On Cloture on the Motion to Proceed S. 2432 Nay Cloture on the Motion to Proceed Rejected (56-38,
Ron Wyden (D-Oregon) 2014-06-11 On Cloture on the Motion to Proceed S. 2432 Yea Cloture on the Motion to Proceed Rejected (56-38,
Sheldon Whitehouse (D-Rhode Island) 2014-06-11 On Cloture on the Motion to Proceed S. 2432 Yea Cloture on the Motion to Proceed Rejected (56-38,
Mark R. Warner (D-Virginia) 2014-06-11 On Cloture on the Motion to Proceed S. 2432 Yea Cloture on the Motion to Proceed Rejected (56-38,
Elizabeth Warren (D-Massachusetts) 2014-06-11 On Cloture on the Motion to Proceed S. 2432 Yea Cloture on the Motion to Proceed Rejected (56-38,

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