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Private Student Loan Bankruptcy Fairness Act of 2025
H.R. 423, 119th Congress
- Status
- In committee
- Introduced
- 01/15/2025
- Cosponsors
- 5
- Latest action
- 01/15/2025
About this bill
- Official title
- Private Student Loan Bankruptcy Fairness Act of 2025
- Sponsor
- Steve Cohen (D-TN)
- Introduced in
- House
- Policy area
- Finance and Financial Sector
- Committees
- Judiciary Committee
- Latest action
- Referred to the House Committee on the Judiciary.
Summary
Congressional Research Service, Introduced in House (01/15/2025)
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.
Actions
Newest first
- 01/15/2025 · House
Referred to the House Committee on the Judiciary.
- 01/15/2025
Introduced in House
Source: U.S. Government Publishing Office, GovInfo Bill Status; Congressional Research Service summaries · Last updated 01/15/2025
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