118th Congress · HOUSE BILLBILL

H.R. 4635 — Clean Slate through Repayment Act of 2023

“To amend the Higher Education Act of 1965 to remove the record of default on a loan made, insured, or guaranteed under title IV from a borrower's credit history upon repayment of the full amount due on such loan.”

Education

Introduced Jul 13, 2023

Last action Jul 13, 2023

Pipeline · Bill → Law

Step 1

Introduced

Jul 13, 2023

Step 2

Referred

Jul 13, 2023

Education and Workforce

Step 3

Committee

Step 4

House floor

Step 5

Senate

Step 6

Resolve Changes

Step 7

Signed

SummaryCRS Summary

This bill provides for the removal of any adverse credit history related to a defaulted federal student loan from a borrower's credit history once the borrower has repaid in full the amount due on the loan.

Provisions · 2 sectionsIntroduced in House

Timeline · 2 actions

Jul 13, 2023

Introduced in House

Jul 13, 2023

Referred to the House Committee on Education and the Workforce.