S 1489
116th Congress
Senate
Education
Consumer credit
Domestic violence and child abuse
Government lending and loan guarantees
Higher education
Marriage and family status
Student aid and college costs
Joint Consolidation Loan Separation Act
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 15, 2019
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
May 15, 2019
Introduced in Senate
Plain-English summary
Joint Consolidation Loan Separation Act
This bill allows two borrowers, who had previously received a joint consolidation loan for their student debt under the William D. Ford Federal Direct Loan Program, to submit a joint application to sever their consolidated loan. One borrower may submit a separate application in the event that the individual is experiencing domestic or economic abuse from the other individual borrower, or is unable to reasonably reach or access the loan information of the other borrower.
What's happening now
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Committees of jurisdiction
1
Cosponsors
1