Library / Laws / 117th / hr / H.R. 6466 / Introduced in House
I
117th CONGRESS
2d Session
H. R. 6466
IN THE HOUSE OF REPRESENTATIVES
January 20, 2022Ms. Williams of Georgia (for herself, Ms. Ross, Ms. Stevens, Ms. Adams, Mrs. Lawrence, Mr. Moulton, Ms. Jackson Lee, Mrs. McBath, Ms. Manning, Mr. Bishop of Georgia, Ms. Wilson of Florida, and Ms. Norton) introduced the following bill; which was referred to the Committee on Education and Labor
A BILL
To amend the Higher Education Act of 1965 to remove all adverse credit history related to a loan from the credit history of a borrower who has rehabilitated the loan.
1.
Short title
This Act may be cited as the Student Loan Rehabilitation and Credit Score Improvement Act of 2022.
2.
Default reduction program
Section 428F(a)(1)(C) of the Higher Education Act of 1965 (20 U.S.C. 1078–6(a)(1)(C)) is amended by striking to remove the record of the default from the borrower's credit history and inserting to remove any adverse item of information relating to such loan from the borrower’s credit history.