119 HR 8356 IH: Clean Slate through Consolidation Act U.S. House of Representatives 2026-04-16 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.

I119th CONGRESS2d SessionH. R. 8356IN THE HOUSE OF REPRESENTATIVESApril 16, 2026Ms. Stevens (for herself, Ms. Adams, Ms. Ross, and Ms. Williams of Georgia) introduced the following bill; which was referred to the Committee on Education and WorkforceA BILLTo amend the Higher Education Act of 1965 to require the removal of the record of default from credit history upon obtaining a Federal Direct Consolidation Loan that discharges the defaulted loan.

1.

Short title

This Act may be cited as the Clean Slate through Consolidation Act.

2.

Removal of record of default from credit history upon loan consolidation

Section 455(g) of the Higher Education Act of 1965 (20 U.S.C. 1087e(g)) is amended by adding at the end the following: (4)

Consumer reporting agencies

With respect to a borrower who obtains a Federal Direct Consolidation Loan that discharges the liability on a defaulted loan made, insured, or guaranteed under this title, the Secretary, guaranty agency, or other holder of such loan shall request that any consumer reporting agency to which the default was reported remove the default from the borrower's credit history..