Clean Slate through Repayment Act of 2022
This bill provides for the removal of any adverse credit history related to a defaulted federal student loan from a borrower's credit history once the borrower has repaid in full the amount due on the loan.
To amend the Higher Education Act of 1965 to remove the record of 
 default on a loan made, insured, or guaranteed under title IV from a 
borrower's credit history upon repayment of the full amount due on such 
                                 loan.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Clean Slate through Repayment Act of 
2022''.

SEC. 2. REMOVAL OF RECORD OF DEFAULT.

    Part G of title IV of the Higher Education Act of 1965 (20 U.S.C. 
1088 et seq.) is amended by adding at the end the following:

``SEC. 495. REMOVAL OF RECORD OF DEFAULT.

    ``Upon repaying in full the amount due 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.''.
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Clean Slate through Repayment Act of 2022
To amend the Higher Education Act of 1965 to remove the record of default on a loan made, insured, or guaranteed under title IV from a borrower's credit history upon repayment of the full amount due on such loan.
Clean Slate through Repayment Act of 2022
Rep. Ross, Deborah K.