Higher Education Act includes provisions that pertain to certain types of federal student loans that remove any of the normal exclusion of derogs that are normally excluded under FCRA 605(a) until the loan is repaid.
Repayent of the loan, and NOT other acts such as consolidation or removal from default status, returns the normal credit report exclusion provisions.
See the footnote appended to section 605(a) of the FCRA for reference to the relevant sections of the Higher Education Act, as follows:
"The reporting periods have been lengthened for certain adverse information pertaining to U.S. Government insured or guaranteed student loans, or pertaining to national direct student loans. See sections 430A(f) and 463(c)(3) of the Higher Education Act of 1965, 20 U.S.C. 1080a(f) and 20 U.S.C. 1087cc(c)(3), respectively."
