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- S.1262
S.1262: Fairness for Struggling Students Act of 2017
About This Bill
- Introduced May 25, 2017
- Latest Major Action May 25, 2017
- See the four similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
12 (All Democrats)
Bill Version
- Introduced in Senate - May 25, 2017
Bill 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.
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| 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 the Senate by Richard J. Durbin (D-Ill.) |