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H.R. 2460

Joint Consolidation Loan Separation Act

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.

Referred to the House Committee on Education and Labor.

Rep. Price, David E. [D-NC-4](D-NC)Sponsor
26 cosponsors22 D4 R
26cosponsors1committees3actions1related bills6subjects
  1. IntroReferralH11100

    Referred to the House Committee on Education and Labor.

    Education and the Workforce Committee
  2. IntroReferralIntro-H

    Introduced in House

  3. IntroReferral1000

    Introduced in House

Joint Consolidation Loan Separation Act — Informed