I 118th CONGRESS 1st Session H. R. 4591 IN THE HOUSE OF REPRESENTATIVES July 12, 2023 Ms. 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 the Workforce A BILL To 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: (3) Consumer reporting agencies Upon obtaining 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 the loan shall request any consumer reporting agency to which the Secretary, guaranty agency or holder, as applicable, reported the default of the loan, to remove any adverse item of information relating to such loan from the borrower’s credit history. .