H.R. 2460

Referred to Committee

Joint Consolidation Loan Separation Act

Introduced 4/13/2021•117th Congress•House

Congress.gov

Latest Action

Referred to the House Committee on Education and Labor.

4/13/2021 • House

Summary

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.

Introduced in House • 4/13/2021

Enter your district to see how this bill affects your community

Topics & Subjects

Policy Area: Education

Consumer creditDomestic violence and child abuseGovernment lending and loan guaranteesHigher educationMarriage and family statusStudent aid and college costs