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S. 1384

Joint Consolidation Loan Separation Act

Joint Consolidation Loan Separation Act

This bill amends the Higher Education Act of 1965 to allow 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.

Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

Sen. Warner, Mark R. [D-VA](D-VA)Sponsor
3 cosponsors1 D2 R
3cosponsors1committees2actions3related bills5subjects
  1. IntroReferral

    Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

    Health, Education, Labor, and Pensions Committee
  2. IntroReferral10000

    Introduced in Senate

Joint Consolidation Loan Separation Act — Informed