House
Jan 15, 2025Private Student Loan Bankruptcy Fairness Act of 2025
Summary
Official
Private Student Loan Bankruptcy Fairness Act of 2025 This bill modifies the treatment of certain student loans in bankruptcy. Specifically, it allows private student loans to be discharged in bankruptcy regardless of whether a debtor demonstrates undue hardship. Under current law, student loans may be discharged in bankruptcy only if the loans impose an undue hardship on the debtor.
Bill Progress
Bill has been introduced and assigned a number
Introduced(1/15/25)
Committee
Passed
House
Passed
Senate
President
Law
Sponsor
SC
Mr. Cohen
House (D) Tennessee – 9
Cosponsors (5)
Latest Action
Referred to the House Committee on the Judiciary.
Jan 15, 2025
View Bill on Congress.gov