ADEA State Update

New Law in Illinois Ends Practice of Suspending Professional License if Borrowers Fall Behind

(State Policy, Licensure) Permanent link   All Posts

On Aug. 14, Governor Bruce Rauner signed the Illinois Career Preservation and Student Loan Repayment Act. The law ends the Illinois Department of Financial and Professional Regulation’s practice of suspending or terminating professional licenses of individuals who fall behind on monthly student loan payments.

After passage of this law, 19 states will still allow for the seizure or suspension of state-issued licenses, including professional licenses, driver’s licenses and other specified state-issued licenses.

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