A group of Democrats in the House are pushing three bills that focus on repairing the credit histories of federal student loan borrowers who fell behind and then worked to pay off their debt.
The Clean State Through Consolidation Act would remove default records from the credit history of federal student loan borrowers who consolidated their defaulted loans. Lastly, the Student Loan Rehabilitation and Credit Score Improvement Act would remove negative credit reporting on a defaulted federal loan once the borrower completed student loan rehabilitation.
The push comes as progressives in Congress have been urging the Biden administration to cancel student loan debt forgiveness for millions of borrowers.
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