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H.R. 1674

BillFederalHouseIn Committee
Private Student Loan Bankruptcy Fairness Act of 2015
About This Bill
Committee
Latest Action · April 29, 2015
Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.
Congress
114th (2015–2017)
Introduced
March 26, 2015
Cosponsors (41)
41D 0R
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Summary

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Private Student Loan Bankruptcy Fairness Act of 2015 Amends the federal bankruptcy code to limit the non-dischargeability, except in cases of undue hardship, of educational loans to those made, insured, or guaranteed by a governmental unit, or made under any program funded by a governmental unit or any program for which substantially all of the funds are provided by a nonprofit institution (thus allowing the discharge of private educational loan indebtedness without the need to show an undue hardship).

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