Servicemember Student Loan Affordability Act of 2025

This bill caps interest rates at 6% for servicemembers who consolidate or refinance student loans they took out *before* joining the military, during their active duty service. It directly affects active-duty service members (and their spouses jointly) who use consolidation or refinancing to manage pre-service student debt. The key provision limits interest rates on these specific consolidation/refinancing actions to 6% for the duration of military service, while excluding other debts. The bill defines "student loan" to include both federal loans under the Higher Education Act and private loans meeting Truth in Lending Act standards. This is a concrete interest rate change for a specific type of military-related debt consolidation.