1. Short title This Act may be cited as the Simplifying Access to Student Loan Information Act of 2020 . 2. Amendment to the Truth in Lending Act (a) In general Section 128(e) of the Truth in Lending Act ( 15 U.S.C. 1638(e) ) is amended by adding at the end the following: (12) National student loan data system (A) In general Each private educational lender shall— (i) submit to the Secretary of Education for inclusion in the National Student Loan Data System established under section 485B of the Higher Education Act of 1965 ( 20 U.S.C. 1092b ) information regarding each private education loan made by such lender that will allow for the electronic exchange of data between borrowers of private education loans and the System