Do you have bad credit, if so, the federal government is trying to make it easier to get a college loan. Right now, if you have so-called “adverse debt” you are automatically denied. But, a plan that's proposed by the Department of Education would shorten the length of time “less than perfect” credit is scrutinized. The DOE says the change could mean more than new 370 thousand borrowers would pass the government credit check. If approved, the new rules could be in place for the 2015 school year.