VA Lets Loan Defaulters Keep Earning

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Virginia has amended its Code to repeal the authority of the Board of Accountancy, Department of Professional and Occupational Regulation and the Department of Health Professions to revoke or suspend the license, certificate, registration permit or authority of a person who is in default or delinquent in payment of a federal-guaranteed or state-guaranteed educational loan or work-conditional scholarship solely on the basis of such default or delinquency.

In November, the New York Times had reported that 19 states at that time authorized licensing boards to revoke professional licenses based on defaulting of student debt, placing at least 8,700 individuals at risk of suspension or loss of license (see sbr 12/17).