I 
117TH CONGRESS 
1ST SESSION H. R. 5322 
To amend the Consumer Financial Protection Act of 2010 to establish the 
position of the Assistant Director and Student Loan Borrower Advocate 
of the Bureau of Consumer Financial Protection, to establish the Office 
for Students and Young Consumers of the Bureau, and for other pur-
poses. 
IN THE HOUSE OF REPRESENTATIVES 
SEPTEMBER 22, 2021 
Ms. BONAMICI (for herself, Ms. PORTER, Ms. DEAN, Ms. TLAIB, Ms. NORTON, 
and Mr. CASE) introduced the following bill; which was referred to the 
Committee on Education and Labor, and in addition to the Committee 
on Financial Services, for a period to be subsequently determined by the 
Speaker, in each case for consideration of such provisions as fall within 
the jurisdiction of the committee concerned 
A BILL 
To amend the Consumer Financial Protection Act of 2010 
to establish the position of the Assistant Director and 
Student Loan Borrower Advocate of the Bureau of Con-
sumer Financial Protection, to establish the Office for 
Students and Young Consumers of the Bureau, and for 
other purposes. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
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SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Students and Young 
Consumers Empowerment Act’’. 
SEC. 2. ASSISTANT DIRECTOR AND STUDENT LOAN BOR-
ROWER ADVOCATE. 
(a) IN GENERAL.—Section 1035 of the Consumer Fi-
nancial Protection Act of 2010 (12 U.S.C. 5535) is 
amended to read as follows: 
‘‘SEC. 1035. ASSISTANT DIRECTOR AND STUDENT LOAN 
BORROWER ADVOCATE. 
‘‘(a) ESTABLISHMENT.—There is established the po-
sition of Assistant Director and Student Loan Borrower 
Advocate, who shall be appointed by the Director. 
‘‘(b) DUTIES.—The Assistant Director and Student 
Loan Borrower Advocate shall— 
‘‘(1) serve as the head of the Office for Stu-
dents and Young Consumers established under sub-
section (e); 
‘‘(2) not later than the end of the 60-day period 
beginning on the date of enactment of this section, 
enter into a memorandum of understanding with the 
Secretary of Education, the Chief Operating Officer 
appointed under section 141(d) of the Higher Edu-
cation Act of 1965 (20 U.S.C. 1018(d)), and the 
Student Loan Ombudsman appointed under section 
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141(f) of the Higher Education Act of 1965 (20 
U.S.C. 1018(f)) that— 
‘‘(A) ensures coordination in providing as-
sistance to and serving borrowers seeking to re-
solve complaints related to their private edu-
cation or Federal student loans; and 
‘‘(B) authorizes the Bureau to access all 
relevant Department of Education information 
systems, records, and data, including any rel-
evant information systems, records, or data 
maintained by contractors of the Department of 
Education; 
‘‘(3) accept and attempt to resolve complaints 
from borrowers with both private education loans 
and Federal student loans, including complaints 
against lenders, servicers, and debt collectors; and 
‘‘(4) carry out such other duties as the Director 
may determine appropriate. 
‘‘(c) NOTIFICATION
TO CONGRESS.—The Director 
shall provide written notice and an explanation to the ap-
propriate congressional committees, if— 
‘‘(1) the position of the Assistant Director and 
Student Loan Borrower Advocate has been vacant 
for a period of 60 days or more; or 
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