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H.R. 8361 (119th Congress)Committee
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Clean Slate through Rehabilitation Act

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Summary

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This bill amends the Higher Education Act of 1965 to expand loan rehabilitation provisions for federal student loan borrowers. Specifically, it requires that when a borrower successfully rehabilitates a defaulted federal student loan, all adverse credit history information related to that loan—not just the default record itself—must be removed from the borrower's credit report.

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