Bill · H.R. 8356· House(119-HR-8356)
Clean Slate through Consolidation Act
- Introduced
- 4/16/2026
- Last activity
- 4/16/2026 — Referred to the House Committee on Education and Workforce.
- Sponsored by
- Haley Stevens
- Cosponsors
- - 3 - 0
- Introduced
- In Committee
What this bill would do
This bill, titled the "Clean Slate through Consolidation Act," proposes an amendment to the Higher Education Act of 1965. It specifically targets the removal of default records from a person's credit history. If a borrower obtains a Federal Direct Consolidation Loan that discharges a defaulted loan, specific entities must act. The Secretary, a guaranty agency, or another loan holder would be required to request the removal of that default from consumer reporting agencies.
Yes· 3 of 8
Would students be better off under this?+5
The bill helps students by providing a mechanism to remove default records from their credit history via consolidation.
Does this give people more protection from unfair business practices?+5
The bill protects consumers by requiring the removal of negative default records from their credit history upon loan consolidation.
Would people in their twenties and thirties be better off under this?+4
Young adults are a primary demographic for student loans and would benefit from improved credit standing.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
- Credit History Improvement: Under Section 2, when a borrower obtains a Federal Direct Consolidation Loan that discharges a defaulted loan, the Secretary, guaranty agency, or other holder must request that consumer reporting agencies remove the default from the borrower's credit history. This could benefit individuals by clearing the record of a previous default once the debt is discharged through consolidation.
Potential Negative Impacts for People
- No negative impacts are explicitly mentioned in the provided text.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Demographic And Interest Groups
- Good For Students+5Good For Young Adults+4Good For Low Income Households+3Good For Middle Class Households+2
- Economy And Finance
- Improves Consumer Protection+5
- Education And Technology
- Improves Student Loan Relief+4
- Governance And Ideology
- Improves Privacy Rights+3
- Social Issues And Justice
- Improves Poverty Reduction+2
- 4/16/2026
- Referred to the House Committee on Education and Workforce.
- 3 Cosponsors added.
- Introduced in House
Alma AdamsDemocrat · North Carolina
Deborah RossDemocrat · North Carolina
Nikema WilliamsDemocrat · Georgia