Bill Detail

H.R. 423

Congress: 119

Title

Private Student Loan Bankruptcy Fairness Act of 2025

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.

Sponsor

Rep. Steve Cohen [D-TN-9]

Status

Referred to the House Committee on the Judiciary.

Status as of Jul 23, 5:51 PM · synced 1h ago

Introduced

2025-01-15

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