Beta

Proposal:Joint Consolidation Loan Separation Act

This proposal's bill was enacted into law, so the proposal is archived and closed to further debate. See the resulting project: Project:Joint Consolidation Loan Separation Act.
Geographic Scope
National

Description

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.

Bill Title

Joint Consolidation Loan Separation Act

Linked Goals

Steps

  • 2019-05-14: Referred to the House Committee on Education and Labor.
  • 2019-05-14: Introduced in House
  • 2019-05-14: Introduced in House

Projected Outcome

A more informed proposal or public response aligned with the Promote General Welfare goal.

Linked Project