To amend the Higher Education Act of 1965 to authorize borrowers to separate joint consolidation loans.
USA115th CongressHR-2949| House
| Updated: 6/20/2017
David E. Price
Democratic Representative
North Carolina
Cosponsors (2)
Education and Workforce Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Joint Consolidation Loan Separation Act This bill amends title IV (Student Assistance) of the Higher Education Act of 1965 to allow 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.
View Full TextSuggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred to the House Committee on Education and the Workforce.
Education
Consumer creditDomestic violence and child abuseHigher educationMarriage and family statusStudent aid and college costs
To amend the Higher Education Act of 1965 to authorize borrowers to separate joint consolidation loans.
USA115th CongressHR-2949| House
| Updated: 6/20/2017
Joint Consolidation Loan Separation Act This bill amends title IV (Student Assistance) of the Higher Education Act of 1965 to allow 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.
View Full TextSuggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred to the House Committee on Education and the Workforce.
David E. Price
Democratic Representative
North Carolina
Cosponsors (2)
Education and Workforce Committee
Education
Related Bills
- S 115-1384: A bill to amend the Higher Education Act of 1965 to authorize borrowers to separate joint consolidation loans.
- HR 115-6543: To amend and strengthen the Higher Education Act of 1965 so that every student has a path to a quality, debt-free degree or credential that leads to a rewarding career.
- S 115-3584: A bill to amend the Higher Education Act of 1965 in order to increase usage of the Federal student loan income-based repayment plan and improve repayment options for borrowers, and for other purposes.
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Consumer creditDomestic violence and child abuseHigher educationMarriage and family statusStudent aid and college costs