The bill aims to regulate student loan servicers by requiring them to obtain licenses. This licensure would ensure that these servicers meet certain standards and provide adequate services to borrowers. By imposing this requirement, the bill seeks to enhance oversight of student loan servicing practices and protect the interests of student loan borrowers.
2024-01-17: Introduced in House and read first time
2024-01-17: Assigned to House RA Committee
2024-01-17: Assigned to House RULES Committee
2024-01-22: House read second time
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