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.

The bill, designated as H.R. 8356 in the 119th Congress and introduced on April 16, 2026, aims to amend the Higher Education Act of 1965. Its primary objective is to mandate the removal of defaulted loan records from credit history upon receiving a Federal Direct Consolidation Loan that eliminates the defaulted loan.