Clean Slate through Rehabilitation Act

This bill would change the Higher Education Act of 1965, which governs federal student loans. Under current law, when a borrower rehabilitates a defaulted student loan, the record of the default is removed from the borrower's credit history. The bill would instead require removal of any adverse information relating to that loan from the borrower's credit history, such as late payment records, not only the default record.

Full text and official record on Congress.gov

Sponsors

• Nikema Williams Democrat sponsor
• 3 cosponsors