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S 1102 112th Congress Senate Finance and Financial Sector Bankruptcy Higher education Student aid and college costs

Fairness for Struggling Students Act of 2011

Introduced: May 26, 2011 Introduced by: Durbin, Richard J. Democratic · Illinois See on congress.gov
 Everywhere this bill has been 4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 20, 2012
Committee on the Judiciary Senate Subcommittee on Administrative Oversight and the Courts. Hearings held. With printed Hearing: S.Hrg. 112-899.
May 26, 2011
Read twice and referred to the Committee on the Judiciary. (text of measure as introduced: CR S3436-3437)
May 26, 2011
Sponsor introductory remarks on measure. (CR S3436)
May 26, 2011
Introduced in Senate
 Plain-English summary Congressional Research Service

Fairness for Struggling Students Act of 2011

Amends federal bankruptcy law to make privately issued student loans dischargeable in bankruptcy. Under current law, student loans (whether issued privately or by a governmental unit) are dischargeable only if excepting the loans from dischargeability would impose undue hardship on the debtor and the debtor's dependents.

What's happening now March 20, 2012

Committee on the Judiciary Senate Subcommittee on Administrative Oversight and the Courts. Hearings held. With printed Hearing: S.Hrg. 112-899.

 Committees of jurisdiction 2