S 1262
115th Congress
Senate
Finance and Financial Sector
Bankruptcy
Higher education
Student aid and college costs
Fairness for Struggling Students Act of 2017
Introduced: May 25, 2017
Introduced by:
Durbin, Richard J.
Democratic
· Illinois
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 25, 2017
Read twice and referred to the Committee on the Judiciary. (Sponsor introductory remarks on measure: CR S3217-3218; text of measure as introduced: CR S3217)
May 25, 2017
Introduced in Senate
Plain-English summary
Fairness for Struggling Students Act of 2017
This bill 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
Read twice and referred to the Committee on the Judiciary. (Sponsor introductory remarks on measure: CR S3217-3218; text of measure as introduced: CR S3217)
Committees of jurisdiction
1