Joint Consolidation Loan Separation Act
- Last Action
- 4/13/2021
Actions
- 2021-04-13Referred to the House Committee on Education and Labor.
- 2021-04-13Introduced in House
- 2021-04-13Introduced in House
CRS Summary
As of 2021-04-13 (00)
Joint Consolidation Loan Separation Act
This bill allows two borrowers, who had previously received a joint consolidation loan for their federal student loan debt, to submit a joint application to the Department of Education to sever their consolidated loan into two separate loans. 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.
Cosponsors (20)
- Gregory Murphy (R-NC)
- Haley Stevens (D-MI)
- Salud Carbajal (D-CA)
- Jaime Herrera Beutler (R-WA)
- Garret Graves (R-LA)
- Joe Courtney (D-CT)
- Joe Neguse (D-CO)
- Ted Lieu (D-CA)
- Julia Brownley (D-CA)
- LLOYD DOGGETT (D-TX)
- BETTY MCCOLLUM (D-MN)
- EARL BLUMENAUER (D-OR)
- Joseph Morelle (D-NY)
- Ed Case (D-HI)
- Chellie Pingree (D-ME)
- Lisa Blunt Rochester (D-DE)
- Derek Kilmer (D-WA)
- Mark DeSaulnier (D-CA)
- Jared Golden (D-ME)
- Paul Tonko (D-NY)
Subjects
- Consumer credit
- Domestic violence and child abuse
- Government lending and loan guarantees
- Higher education
- Marriage and family status
- Student aid and college costs
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.