119th Congress
H.R. 423
Private Student Loan Bankruptcy Fairness Act of 2025
- Introduced
- In committee
- Passed House
- Passed Senate
- To President
- Became law
- Sponsor
- Steve Cohen(D-TN)
- Introduced
- Jan 15, 2025
- Policy area
- Finance and Financial Sector
- Committees
- House Committee on the Judiciary
- Official text
- Introduced in House · Congress.gov page
Cosponsors (5)
Original cosponsors (4)
- Danny K. Davis (D-IL)
- Gwen Moore (D-WI)
- Julia Brownley (D-CA)
- S001193
Added later (1)
- Ro Khanna (D-CA) · May 1, 2025
Summary
Summary by the Congressional Research Service· describes the “Introduced in House” version
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.
Roll-call votes
No recorded votes on this bill.
Actions
- Jan 15, 2025 · House
Referred to the House Committee on the Judiciary. - Jan 15, 2025
Introduced in House