ADDITIONAL BORROWER INFORMATION.

SEC. 603. ADDITIONAL BORROWER INFORMATION. Section 485(b) of the Act is amended— (1) by striking the subsection heading and inserting “Exit Counseling for Borrowers; Borrower Information.—”; and (2) by adding at the end thereof the following: “Each eligible institution shall require that the borrower of a loan made under part B, part D, or part E submit to the institution, during the exit interview required by this subsection, the borrower’s expected permanent address after leaving the institution, regardless of the reason for leaving; the name and address of the borrower’s expected employer after leaving the institution; and the address of the borrower’s next of kin. In the case of a loan made under part B, the institution shall then submit this information to the holder of the loan.”.