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Private Student Loan Bankruptcy Fairness Act of 2025
To amend title 11 of the United States Code to modify the dischargeability of debts for certain educational payments and loans.
- Introduced
- Committee
- Passed House
- Passed Senate
- To President
- Became law
Summary
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.
Summary by the Congressional Research Service, Library of Congress.
Actions
- Jan 15, 2025 Referred to the House Committee on the Judiciary.
- Jan 15, 2025 Introduced in House
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