H.R. 138
Referred to CommitteePrivate Student Loan Bankruptcy Fairness Act of 2023
Introduced 1/9/2023•118th Congress•House
Latest Action
Referred to the House Committee on the Judiciary.
1/9/2023 • House
Summary
Private Student Loan Bankruptcy Fairness Act of 2023
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.
Introduced in House • 1/9/2023
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Topics & Subjects
Policy Area: Finance and Financial Sector
BankruptcyHigher educationStudent aid and college costs
Congressional Votes (0)
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Related Federal Spending
Sponsor & Cosponsors (6)
Party Breakdown
6
Democrats
0
Republicans
0
Independents
Sponsor
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Cosponsors (5)
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Bill Journey
Originated in the House
Introduced
January 9, 2023
Referred to the House Committee on the Judiciary.
Committee Review
Floor Debate
Passed Chamber
Other Chamber
President
Enacted into Law
Text Versions (1)
Introduced in House1/9/2023