Joint Consolidation Loan Separation Act
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in senate (May 15, 2019)
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 just happenedMay 15, 2019
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Who’s behind it
- Introduced in SenateMay 15, 2019
- May 15, 2019IntroReferral
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Health, Education, Labor, and Pensions Committee - May 15, 2019IntroReferral10000
Introduced in Senate