The ASUC expresses strong support for H.R. 7810, the "Lowering Student Loans Act," which aims to set federal student loan interest rates at a fixed 2 percent for new and existing loans starting July 1, 2026. This action is crucial for students as it would significantly reduce the financial burden of higher education, increase economic mobility, and align with UC Berkeley's values of affordability and access. The resolution calls on California's congressional delegation and the UC Office of Federal Government Relations to advance the bill's passage.
No roll call was taken. Everyone recorded present when the Senate agreed is shown as not objecting.