2949 -- Joint Consolidation Loan Separation Act | Poliscope

Joint Consolidation Loan Separation Act

2949

115th Congress

Education

In Committee

Legislative Progress

✓

Introduced

Committee

Floor Vote

Other Chamber

Enacted

Introduced

June 20, 2017

Latest Action

June 20, 2017

Primary Sponsor

David E. PriceDemocratic(NC)

Momentum (last 30 days)

score

0 actions · 0 new cosponsors · 0 votes

Speed vs cohort

0pct

0d open

vs 7,393 other HR bills in the 115th — cohort avg 50d

Summary

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.