HR 4395
116th Congress
House
Education
Consumer credit
Government information and archives
Government lending and loan guarantees
Student aid and college costs
Clean Slate through Consolidation Act
Introduced: September 19, 2019
Introduced by:
Stevens, Haley M.
Democratic
· Michigan
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 19, 2019
Referred to the House Committee on Education and Labor.
Sep 19, 2019
Introduced in House
Plain-English summary
Clean Slate through Consolidation Act
This bill requires the Department of Education (ED) to have a record of default removed from a borrower's credit history in certain circumstances.
Specifically, when a borrower obtains a Federal Direct Consolidation Loan discharging the borrower's liability on a defaulted student loan, ED must request a consumer reporting agency remove the record of default from the borrower's credit history.
What's happening now
Referred to the House Committee on Education and Labor.
Committees of jurisdiction
1