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HR 449 114th Congress House Finance and Financial Sector Bankruptcy Higher education Student aid and college costs

Discharge Student Loans in Bankruptcy Act of 2015

Introduced: January 21, 2015 See on congress.gov
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 5, 2015
Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.
Jan 21, 2015
Referred to the House Committee on the Judiciary.
Jan 21, 2015
Introduced in House
 Plain-English summary Congressional Research Service

Discharge Student Loans in Bankruptcy Act of 2015

Amends the federal bankruptcy code to allow the discharge in bankruptcy of an educational loan or an obligation to repay funds received as an educational benefit, scholarship, or stipend. (Currently, those debts are dischargeable only if excepting them from discharge would impose an undue hardship on the debtor and the debtor's dependents.)

What's happening now February 5, 2015

Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.

 Committees of jurisdiction 2