Clean Slate through Consolidation Act

This bill, titled the Clean Slate through Consolidation Act, amends the Higher Education Act of 1965. It directly affects federal student loan borrowers who have previously defaulted on their loans. The bill mandates that if such a borrower obtains a Federal Direct Consolidation Loan that resolves their defaulted loan, the loan holder must request that consumer reporting agencies remove the record of the default from the borrower's credit history. This provision ensures that the default is no longer reported on credit reports once the underlying defaulted federal student loan is consolidated.