As of Summer, 2017, it’s still not currently possible to refinance federal student loans.
Senator Warren’s Proposal
However, a couple years ago, Senator Elizabeth Warren (D-MA) introduced a proposal that would allow those with federal student loan debt to refinance their loans.
For details of Senator Warren’s plan, please visit my page about Elizabeth Warren’s student loan bill.
Senator Sanders’s Proposal
And more recently, Bernie Sanders has made student loan debt reform one of his core campaign platforms, and called for a serious overhaul of the entire Federal student loan system. One of the six main tenets of his proposed reforms is the opportunity to allow refinancing on Federal student loan debt.
For details on Senator Sanders’s plan, please visit my page about Bernie Sanders’s Free College Plan.
And be sure to check back regularly, as this page will be updated whenever any new information arrives.
Disclaimer:Information obtained from Forget Student Loan Debt is for educational purposes only. You should consult a licensed financial professional before making any financial decisions. This site receives some compensation through affiliate relationships. This site is not endorsed or affiliated with the U.S. Department of Education.