HR 2460 United States House · 117th Congress

Joint Consolidation Loan Separation Act

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.

Bill status in committee 1 of 4 stages cleared

Introduction

Apr 2021

Committee Review

Floor Vote

President

Introduced Apr 13, 2021 Last action Apr 13, 2021

Floor votes

How they voted

No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

2

Key actions

0

Committee

1

Apr 13, 2021

Committee

Referred to the House Committee on Education and Labor.

lower

Apr 13, 2021

Introduced

Introduced in House

lower

1 primary · 25 co-sponsors

Sponsors