To amend the Higher Education Act of 1965 to eliminate interest on student loans, establish the Education Affordability Trust Fund, increase annual and aggregate loan limits, and for other purposes

**Who it affects:** - Current and future federal student loan borrowers - People considering college who need financial aid - Taxpayers (who would fund the trust fund) **What would change:** - Student loans would no longer accumulate interest, reducing total repayment costs - Students could potentially borrow more money for education expenses - The government would need to find new funding sources since interest revenue would be eliminated - Monthly loan payments would likely be lower since borrowers would only repay the principal amount **Current status:** The bill is still being reviewed in congressional committee and has not been voted on by the full House or Senate.