Joint Consolidation Loan Separation Act
This act 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 has experienced domestic or economic abuse from the other individual borrower or is unable to reasonably reach or access the loan information of the other borrower. In the case of a borrower who receives a separate consolidation loan due to those circumstances, the other individual borrower must become solely liable for the remaining balance of the joint consolidation loan.
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 has experienced domestic or economic abuse from the other individual borrower or is unable to reasonably reach or access the loan information of the other borrower. In the case of a borrower who receives a separate consolidation loan due to those circumstances, the other individual borrower must become solely liable for the remaining balance of the joint consolidation loan.
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 has experienced domestic or economic abuse from the other individual borrower or is unable to reasonably reach or access the loan information of the other borrower. In the case of a borrower who receives a separate consolidation loan due to those circumstances, the other individual borrower must become solely liable for the remaining balance of the joint consolidation loan.
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.
(consideration: CR H8030-8032)
202 - 228 (Roll no. 447).
On passage Passed by the Yeas and Nays: 232 - 193 (Roll no. 448).
232 - 193 (Roll no. 448). (text: 9/20/2022 CR H7993-7994)
Res. 1361 passed House.
Res. 1361. (consideration: CR H7993-7998)
1098 with 1 hour of general debate. Resolution also provides one motion to commit.
Foxx moved to commit to the Committee on Education and Labor.
Res. 1361 Reported to House. Rule provides for consideration of S. 1098 with 1 hour of general debate. Resolution also provides one motion to commit.
(consideration: CR S2961)
Passed Senate with an amendment by Unanimous Consent.(text of amendment in the nature of a substitute: CR S2961)
(text of amendment in the nature of a substitute: CR S2961)