Joint Consolidation Loan Separation Act

Summary

Official

Joint Consolidation Loan Separation Act This act 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 has...

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Bill Progress

Bill has been signed into law or became law without signature

Introduced(4/13/21)

Committee

Passed House

Passed Senate

President

Law