Clean Slate through Consolidation Act

This bill changes the Higher Education Act of 1965 for federal student loan borrowers who were in default. If a borrower gets a Federal Direct Consolidation Loan that pays off a defaulted federal student loan, the Secretary of Education, guaranty agency, or other loan holder must ask the credit reporting agencies that received the default report to remove the default from the borrower's credit history.

Full text and official record on Congress.gov

Sponsors

• Haley M. Stevens Democrat sponsor
• 3 cosponsors