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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.

4/17/2026, 1:48 PM

Summary of Bill HR 8356

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.

Current Status of Bill HR 8356

Bill HR 8356 is currently in the status of Bill Introduced since April 16, 2026. Bill HR 8356 was introduced during Congress 119 and was introduced to the House on April 16, 2026.  Bill HR 8356's most recent activity was Referred to the House Committee on Education and Workforce. as of April 16, 2026

Bipartisan Support of Bill HR 8356

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
3
Democrat Cosponsors
3
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 8356

Primary Policy Focus

Alternate Title(s) of Bill HR 8356

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.
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.

Comments

Nala Newton profile image

Nala Newton

726

3 days ago

I think it good that they do this. It help people who have defaulted loans. It important to give them a second chance. #HRBill8356 #HigherEducationAct #FederalDirectConsolidationLoan